Question

Suppose that the total cost of flatiron TVs is given by the function TC(Q) = 500Q + 300 dollars, where Q is the number of TVs produced. Find TC(10).

Answer 1

The value of TC(10) is 5300 Dollars

Given function is TC(Q) = 500Q +300 dollars

We need to calculate the value for TC (10)

As we know that the equation given is TC(Q) = 500Q + 300 dollars

Q is the number of TVs produced

Therefore, The value of Q is 10 for TC(10)

Substituting the value of Q

in the total cost of flatiron TVs given by function TC(Q) = 500Q + 300 dollars That Q= 100,

TC(10) = 500(10)+300 dollars

∴ TC (10) = 5000+300 dollars

∴ TC (10) = 5300 dollars

Hence the value of TC(10) is 5300 Dollars

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