A quote you received from a local restaurant is $625 for a business luncheon. The restaurant owner tells you the price with grat
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Answer:
Step-by-step explanation:
The marginal cost function, C'(x), is the derivate of the cost function, C(x).
Therefore, we can obtain the cost function by finding the integral of the marginal cost function:
Where 'a' is a constant and represents fixed costs. If fixed costs are $3,000, the cost function is: