Question:

The cost C(in dollars) for a company to produce and sell x

Last updated: 7/21/2022

The cost C(in dollars) for a company to produce and sell x

The cost C(in dollars) for a company to produce and sell x thousand gadgets is given by the equation: C=1/40x²-2x+1040 (a) What is the company's start-up cost? (The start up costs is the amount they have to pay even if they don't produce any gadget.) (b) What is the minimum cost? (c) How many gadgets must the company produce and sell in order to incur the least cost? (Be careful with your units!)