Lorimar Watch Company manufactures travel clocks. The daily marginal cost function associated with producing these clocks is where C '(x) 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 $170. Find the total cost incurred by Lorimar in producing the first 400 travel clocks/day.
A) $3,354
B) $3,485
C) $3,566
D) $3,282

Question

Lorimar Watch Company manufactures travel clocks. The daily marginal cost function associated with producing these clocks is  where C '(x) 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 $170. Find the total cost incurred by Lorimar in producing the first 400 travel clocks/day.
A) $3,354 
B) $3,485 
C) $3,566 
D) $3,282

Quizplus · Accepted Answer

The Answer of Lorimar Watch Company manufactures travel clocks. The daily marginal cost function associated with producing these clocks is  where C '(x) 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 $170. Find the total cost incurred by Lorimar in producing the first 400 travel clocks/day.
A) $3,354 
B) $3,485 
C) $3,566 
D) $3,282

Lorimar Watch Company Manufactures Travel Clocks