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diamong [38]
3 years ago
15

A publisher prints copies of a popular weekly tabloid for distribution and sale. The fixed costs are $500 per print run, with ea

ch copy printed costing an additional $0.40. If C(q) is the cost function (in $) of the price of the print run as a function of copies printed, what is the formula for C(q)?
Business
1 answer:
Hatshy [7]3 years ago
3 0

Answer:

500 + 0.40q

Explanation:

A publisher prints copies of a popular weekly tabloid for distribution and sale.

Given that,

Fixed costs = $500 per print run

Variable cost = $0.40

Therefore, the cost function is as follows:

Let the number of copies printed be q,

Cost function: C(q) = Fixed cost + Variable cost

                               = 500 + (0.40 × q)

                               = 500 + 0.40q

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