A Linear Cost Function Is , Where X Represents

question 231

Multiple Choice

A linear cost function is , where x represents the number of units produced. What is the cost of producing one more item if 150 are currently being produced? Round your answer to the nearest cent. ​

• A)$9,766.18
• B)$29.18
• C)$5,360.00
• D)$5,389.18
• E)$150.00

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Definitions:

Working Capital

The difference between a company's current assets and current liabilities, indicating the liquidity available to meet short-term obligations.

Long-Term Financing

Funding obtained for a time period exceeding one year, used for acquiring or investing in long-duration assets.

Conservative

In finance, conservative refers to an investment strategy or financial decision-making approach that prioritizes preservation of capital and minimizes risk.

Net Working Capital

The disparity between an organization's immediate assets and liabilities, showcasing its financial stability in the short-term.