Solved

The Given Graph Shows the Cost C, in Thousands of Dollars

Question 79

Multiple Choice

The given graph shows the cost C, in thousands of dollars, of a production run for a product when x machines are used. Estimate the company's fixed cost of production to the nearest thousand dollars, and determine the number of machines that will result in maximum cost for the company. ​ The given graph shows the cost C, in thousands of dollars, of a production run for a product when x machines are used. Estimate the company's fixed cost of production to the nearest thousand dollars, and determine the number of machines that will result in maximum cost for the company. ​   ​ A) fixed production cost: $6,000 maximum cost when 4 machines used B) fixed production cost: $9,000 maximum cost when 4 machines used C) fixed production cost: $5,000 maximum cost when 4 machines used D) fixed production cost: $6,000 maximum cost when 6 machines used E) fixed production cost: $5,000 maximum cost when 6 machines used


A) fixed production cost: $6,000 maximum cost when 4 machines used
B) fixed production cost: $9,000 maximum cost when 4 machines used
C) fixed production cost: $5,000 maximum cost when 4 machines used
D) fixed production cost: $6,000 maximum cost when 6 machines used
E) fixed production cost: $5,000 maximum cost when 6 machines used

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions