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 400 travel clocks/day.
?
A. $2,802
B. $2,672
C. $1,444
D. $1,371
E. $52,000
Answer: A
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A.
B.
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