The manager of a restaurant found that the cost to produce 200cups of coffee is $20.95, while
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Question:
The manager of a restaurant found that the cost to produce 200cups of coffee is $20.95, while the cost to produce 500 cups is$50.35. Assume the cost C(x) is a linear function of x, the numberof cups produced. Answer parts a through f.
a. find a formula forC(x)
b. What is the fixed cost
c. Find the total cost of producing1200 cups
d. Find the total cost of producing 1201 cups
e. Find themarginal cost of the 1201st cup
f. What is the marginal cost of anycup and what does this mean to the manager
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