Write a Cost Function for the Problem $C(x)=14 x+1100$

question 159

Multiple Choice

Write a cost function for the problem. Assume that the relationship is linear.
-Marginal cost, $130; 80 items cost $11,500 to produce

• A) \( C(x)=14 x+1100 \)
• B) \( C(x)=14 x+11,500 \)
• C) \( C(x)=130 x+11,500 \)
• D) \( C(x)=130 x+1100 \)

---

Definitions:

Employer-Employee

The formal relationship between a worker and a company or individual that hires them for wages or salary, under which work is performed.

Labour Flexibility

The ability of a workforce to adapt to changes and demands in the workplace, including varied job functions, working hours, and employment conditions.

Base Pay

The fixed amount of money that an employee receives from their employer before any bonuses, benefits, or overtime pay is added.

Employee Performance

The degree to which an employee completes their tasks and meets the goals and objectives set by their employer.