The marginal cost of producing the xth box of DVDs is 11 + (x^2/60,000) and the fixed cost is $100,000. Find the cost function C(x).
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Step 1
The variable costs are the integral of the marginal cost function. So, we need to find the integral of the marginal cost function, which is 11 + (x^2/60,000). The integral of 11 is 11x, and the integral of (x^2/60,000) is (x^3/180,000). Show more…
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