Question: 8. A cost function has the form: C(x) = c+bx- ax2 A) What are the real life meanings of a, b, and c? (Multiple choice

8. A cost function has the form: C(x) = c+bx- ax2 A) What are the real life meanings of a, b, and c? (Multiple choice Q6 might help a bit). B) Which term dominates at low values of x? Does this make sense (given your answer in A)?)

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