Problem

A company determined that the marginal cost, C(x) of producing the x th unit of a product is given by C(x)=x32x. Find the total cost function C, assuming that C(x) is in dollars and that fixed costs are $8000.
C(x)=

Answer

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Answer

Final Answer: C(x)=x44x2+8000

Steps

Step 1 :The total cost function C(x) is the integral of the marginal cost function C(x) plus the fixed costs.

Step 2 :In this case, we need to integrate C(x)=x32x and then add the fixed costs of 8000.

Step 3 :The total cost function C(x) is x4/4x2+8000.

Step 4 :Final Answer: C(x)=x44x2+8000

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