A manufacturer of DVD players has monthly fixed costs of $8,600 and variable costs of $70 per unit for one particular model. For this model DVD player, find the function for monthly total costs where x denotes the number of units produced and sold.

Question

A manufacturer of DVD players has monthly fixed costs of $8,600 and variable costs of $70 per unit for one particular model. For this model DVD player, find the function  for monthly total costs where x denotes the number of units produced and sold. ​

Quizplus · Accepted Answer

The function for monthly total cost is given by:
C(x) = fixed cost + (variable cost per unit) * x
Substituting the values:
C(x) = $8,600 + ($70 * x)
Simplifying, we get:
C(x) = $70x + $8,600
Therefore, the correct choice is B.

A Manufacturer of DVD Players Has Monthly Fixed Costs of $8,600