Write a Cost Function for the Problem $C(x)=1100 x+280$

question 88

Multiple Choice

Write a cost function for the problem. Assume that the relationship is linear.
-Fixed cost, $280; 10 items cost $5780 to produce

• A) \( C(x)=1100 x+280 \)
• B) \( C(x)=550 x+5780 \)
• C) \( C(x)=550 x+280 \)
• D) \( C(x)=1100 x+5780 \)

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Definitions:

Maintenance Service

Services performed to keep equipment or facilities in optimal working condition, including repairs, cleaning, and regular check-ups.

Promotion

Marketing activities aimed at increasing awareness of a product or brand, persuading people to choose it over competitors' offerings, and encouraging purchase.

Noncumulative Quantity Discount

A pricing strategy where a discount is offered on a single purchase based on the quantity ordered, without considering past purchases.

Cumulative Quantity Discount

A pricing strategy where the price per unit decreases as the total quantity purchased by a customer over time increases.