Your company determines that the marginal cost, C', of producing the xth unit is given by the function shown below. C'(x) = 10x + 7 Find the total-cost function, C, assuming that C(x) is in dollars and that the total cost of producing 114 units cost $68,488. C(x)

Your company determines that the marginal cost, C', of producing the xth unit is given by the function shown below. C'(x) = 10x + 7 Find the total-cost function, C, assuming that C(x) is in dollars and that the total cost of producing 114 units cost $68,488. C(x)

Micro Economics For Today

10th Edition

ISBN:9781337613064

Author:Tucker, Irvin B.

Publisher:Tucker, Irvin B.

Chapter7: Proudction Costs

Section: Chapter Questions

Problem 5SQP

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Your company determines that the marginal cost, C", of producing the xth unit is given by the function
shown below.
C'(x) = 10x + 7
Find the total-cost function, C, assuming that C(x) is in dollars and that the total cost of producing 114
units cost $68,488.
C(x)

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