Virtual Fido is a company that makes electronic virtual pets. The money made for the sale of each pet is represented by the function: S (x) = $1000-x, where N (x) = x represents the number of virtual pets made and sold each week. The fixed weekly cost is $3000, and variable costs for each pet are $20.

What is the weekly cost function, C (x), for Virtual Vido?

Question

Kennedi Potts

Mathematics

8 August, 10:38

Virtual Fido is a company that makes electronic virtual pets. The money made for the sale of each pet is represented by the function: S (x) = $1000-x, where N (x) = x represents the number of virtual pets made and sold each week. The fixed weekly cost is $3000, and variable costs for each pet are $20.

What is the weekly cost function, C (x), for Virtual Vido?

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Answers (1)

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Theresa Horne · Answer 1

The total cost is simply the sum of the fixed cost and the variable cost per product. In this problem the total cost or the weekly cost function is:

C (x) = $3000 + $20 x

where x is the total number of pets made every week