If the Marginal Cost (In Dollars)for a Company Is C'(x)=

question 119

Short Answer

If the marginal cost (in dollars)for a company is C'(x)= 200,and the cost for producing 8 units is $2250,that is C(8)= 2250,then find C(x).

---

Definitions:

Consumer Price Index

A benchmark that evaluates the mean change through time in the outlay by urban consumers for a chosen collection of consumer items and services.

Standard of Living

The level of wealth, comfort, material goods, and necessities available to a person or community.

Inflation Rate

The progression speed at which the cost of general goods and services increases, diminishing buying power over time.

Consumer Price Index

A metric tracking the average evolution over time in the expenditure of urban consumers on a designated selection of consumer goods and services.