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variable cost

  1. math_celebrity

    The total cost of producing x units for which the fixed cost are $2500 and the cost per unit $20

    The total cost of producing x units for which the fixed cost are $2500 and the cost per unit $20 Total Cost = Cost per Unit * Units + Fixed Cost Total Cost = 20x + 2500
  2. math_celebrity

    The total cost of producing x units for which the fixed costs are $2900 and the cost per unit is $25

    The total cost of producing x units for which the fixed costs are $2900 and the cost per unit is $25 Set up the cost function: Cost function = Fixed Cost + Variable Cost per Unit * Number of Units Plug in Fixed Cost = 2900 and Cost per Unit = $25 C(x) = 2900 + 25x
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