Asked by kim
A company manufactures a product. The total fixed costs are $75 and the variab cost per unity is $5.
1)find an expression for the total cost in terms of Q,the quantity produced
1)find an expression for the total cost in terms of Q,the quantity produced
Answers
Answered by
MathMate
Total cost = total fixed cost + unit cost*quantity
C(Q)=75+5Q
C(Q)=75+5Q
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