Exxon manufacturing produces chips for computers the cost of producing X chips is given by c(x)=15x + 12000. the company sells each chip for $20 based on the given information what is the fixed cost of producing the chips?
Question
Answer:
For this case we have the following equation:[tex] c (x) = 15x + 12000 [/tex]
Where,
x: number of chips
c (x): total cost
To find the fixed cost, we must find the intersection with the y axis of the given equation.
So we have that for x = 0:
[tex]c (0) = 15 (0) + 12000 c (0) = 12000[/tex]
Therefore, the fixed production cost is given by:
[tex] c (0) = 12000 [/tex]
Answer:
The fixed cost of producing the chips is:
c (0) = 12000
solved
general
5 months ago
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