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Rate of Change, Marginal Cost & Revenue · Question 20 of 79

Question 20

EasyOriginal question

The cost of making xx units is C(x)=2x2+15x+800C(x) = 2x^{2} + 15x + 800 rupees. What is the fixed cost?

Options for question 20

Show the answer and explanation
CorrectNot quiteAnswer B

Correct answer: B

Explanation

  1. The fixed cost is what must be paid even when nothing is made: C(0)C(0).

  2. C(0)=800C(0) = 800 rupees.

Worth noting

₹817 is C(1)C(1), which includes the cost of one unit.

Concept
Fixed and variable cost
Typical time
60 s
Your time
—
The rule this testsCost, revenue and profit functions
Practise this chapter →

Ten questions from Rate of Change, Marginal Cost & Revenue, at your own pace.

Practise this chapter →

Ten questions from Rate of Change, Marginal Cost & Revenue, at your own pace.