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 $150. Find the total cost incurred by Lorimar in producing the first 600 travel clocks/day.
$__________

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 $150. Find the total cost incurred by Lorimar in producing the first 600 travel clocks/day.
$__________

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 $150. Find the total cost incurred by Lorimar in producing the first 600 travel clocks/day.
$__________

Lorimar Watch Company Manufactures Travel Clocks