Use the Cost Equation $C = 2100 + 0.08 x + 0.004 x ^ { 2 }$

question 69

Multiple Choice

Use the cost equation $C = 2100 + 0.08 x + 0.004 x ^ { 2 }$ to find the number of units x that a manufacturer can produce when $C = 2600$ . Round answer to the nearest whole unit.

• A)365 units
• B)357 units
• C)344 units
• D)336 units
• E)330 units

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Definitions:

Simultaneous Move Game

A strategic scenario in game theory where all players make their decisions at the same time, without knowing the choices of others.

Union

An organization formed by workers in the same sector or industry to protect their rights and interests.

Sequential Game

A type of game theory where players make decisions one after another, with each decision being made with knowledge of the previous actions.

Shopkeeper

An individual who owns or manages a small retail business or store.