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Lorimar Watch Company Manufactures Travel Clocks

Question 273

Multiple Choice

Lorimar Watch Company manufactures travel clocks. The daily marginal cost function associated with producing these clocks is ​ Lorimar Watch Company manufactures travel clocks. The daily marginal cost function associated with producing these clocks is ​   ​ Where   is measured in dollars/unit and x denotes the number of units produced. Management has determined that the daily fixed cost incurred in producing these clocks is $130. Find the total cost incurred by Lorimar in producing the first 600 travel clocks/day. ​ A)  $2,182 B)  $1,970 C)  $2,313 D)  $2,254
Where Lorimar Watch Company manufactures travel clocks. The daily marginal cost function associated with producing these clocks is ​   ​ Where   is measured in dollars/unit and x denotes the number of units produced. Management has determined that the daily fixed cost incurred in producing these clocks is $130. Find the total cost incurred by Lorimar in producing the first 600 travel clocks/day. ​ A)  $2,182 B)  $1,970 C)  $2,313 D)  $2,254 is measured in dollars/unit and x denotes the number of units produced. Management has determined that the daily fixed cost incurred in producing these clocks is $130. Find the total cost incurred by Lorimar in producing the first 600 travel clocks/day.


A) $2,182
B) $1,970
C) $2,313
D) $2,254

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