SOLUTION: An investor of a new product believes that the cost of producing the product is given by the function:
C(x) = 1.75x + 7000
How much does it cost to produce 2000 units of
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Question 375321: An investor of a new product believes that the cost of producing the product is given by the function:
C(x) = 1.75x + 7000
How much does it cost to produce 2000 units of her invention?
Answer by nerdybill(7384) (Show Source): You can put this solution on YOUR website!
An investor of a new product believes that the cost of producing the product is given by the function:
C(x) = 1.75x + 7000
How much does it cost to produce 2000 units of her invention?
.
In this case, x is 2000
So, plug it in and solve:
C(x) = 1.75x + 7000
C(2000) = 1.75(2000) + 7000
C(2000) = 3500 + 7000
C(2000) = $10,500
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