MATH SOLVE

2 months ago

Q:
# Exxon manufacturing produces chips for computers the cost of producing X chips is given by c(x)=15x + 12000. the company sells each chip for $20 based on the given information what is the fixed cost of producing the chips?

Accepted Solution

A:

For this case we have the following equation:

[tex] c (x) = 15x + 12000 [/tex]

Where,

x: number of chips

c (x): total cost

To find the fixed cost, we must find the intersection with the y axis of the given equation.

So we have that for x = 0:

[tex]c (0) = 15 (0) + 12000 c (0) = 12000[/tex]

Therefore, the fixed production cost is given by:

[tex] c (0) = 12000 [/tex]

Answer:

The fixed cost of producing the chips is:

c (0) = 12000

[tex] c (x) = 15x + 12000 [/tex]

Where,

x: number of chips

c (x): total cost

To find the fixed cost, we must find the intersection with the y axis of the given equation.

So we have that for x = 0:

[tex]c (0) = 15 (0) + 12000 c (0) = 12000[/tex]

Therefore, the fixed production cost is given by:

[tex] c (0) = 12000 [/tex]

Answer:

The fixed cost of producing the chips is:

c (0) = 12000