Solve this cost function question:
thecostofxtextbooksifonetextbookcosts140
Set up our cost function:
Our variable is x
C(x) = Cost per unit * # of units
Final Answer
C() = x
How does the Cost Function Calculator work?
Free Cost Function Calculator - Creates a cost function from cost word problems
This calculator has 1 input.
What 1 formula is used for the Cost Function Calculator?
What 3 concepts are covered in the Cost Function Calculator?
- cost
- an amount that has to be paid or spent to buy or obtain something
- cost function
- A function also called the cost curve, expressing production costs in terms of the amount produced
C(x) - function
- relation between a set of inputs and permissible outputs
ƒ(x)