Now we substitute our function of x C x ln 9x 1 250 Step 6

Last updated: 10/26/2023

Now we substitute our function of x C x ln 9x 1 250 Step 6 Now we know the fixed costs are 250 Thus we have the following C 0 250 Plugging this into the cost function we can find K 250 C 0 In 0 C x 9 250 K In 19x 1 K 0 X 0 0 1 K 1 Step 7 Finally we can determine the cost function K