The Weekly Cost C of Producing Units X in a Manufacturing

question 4

Multiple Choice

The weekly cost C of producing units x in a manufacturing process is given by $C ( x ) = 30 x + 750$ .The number of units x produced in t hours is given by $x ( t ) = 70 t$ . ​
Find the cost of the units produced in 6 hours.
​

• A)11,855
• B)11,850
• C)11,846
• D)13,350
• E)11,854

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Definitions:

Productive Efficiency

A situation in which an economy or a production process can no longer produce additional amounts of a good without lowering the production level of another product, effectively utilizing all resources.

Distorted Priorities

A situation where resources or efforts are misallocated, focusing on less important issues at the expense of more critical ones.

Economic Concepts

Fundamental ideas that form the basis of economic theory and analysis, such as supply and demand, inflation, and gross domestic product.

Economic Laws

Theories or principles that describe behaviors and outcomes in economical activities, often derived from observed patterns and generalized across situations.