Solve the Problem $C$ , in Dollars, of Operating the Store Is Approximately Given

question 45

Multiple Choice

Solve the problem.
-The owner of a video store has determined that the cost $C$ , in dollars, of operating the store is approximately given by $C ( x ) = 2 x ^ { 2 } - 32 x + 730$ , where $x$ is the number of videos rented daily. Find the lowest cost to the nearest dollar.

• A) \(\$ 602\)
• B) \(\$ 218\)
• C) \(\$ 474\)
• D) \(\$ 858\)

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Definitions:

Dividends

Disbursements from a company to its shareholders, typically originating from the firm's earnings.

Market Price

The current price at which an asset or service can be bought or sold in the open market.

Gross Margin

The difference between revenue and cost of goods sold, divided by revenue, expressed as a percentage, indicating the financial health of a company's core activities.

Total Assets

The sum of all current and noncurrent assets that a company owns, as reported on the balance sheet.