Lorimar Watch Company manufactures travel clocks.The daily marginal cost function associated with producing these clocks is where is measured in dollars/unit and denotes the number of units produced.Management has determined that the daily fixed cost incurred in producing these clocks is $140.Find the total cost incurred by Lorimar in producing the first 300 travel clocks/day.
A)$2,216
B)$815
C)$42,000
D)$2,076
E)$1,340

Question

Lorimar Watch Company manufactures travel clocks.The daily marginal cost function associated with producing these clocks is  where  is measured in dollars/unit and  denotes the number of units produced.Management has determined that the daily fixed cost incurred in producing these clocks is $140.Find the total cost incurred by Lorimar in producing the first 300 travel clocks/day.
A)$2,216 
B)$815 
C)$42,000 
D)$2,076 
E)$1,340

Quizplus · Accepted Answer

The Answer of Lorimar Watch Company manufactures travel clocks.The daily marginal cost function associated with producing these clocks is  where  is measured in dollars/unit and  denotes the number of units produced.Management has determined that the daily fixed cost incurred in producing these clocks is $140.Find the total cost incurred by Lorimar in producing the first 300 travel clocks/day.
A)$2,216 
B)$815 
C)$42,000 
D)$2,076 
E)$1,340

Lorimar Watch Company Manufactures Travel Clocks