Suppose That the Total Cost $C$ (In Thousands of Dollars) to Produce

question 24

Essay

Suppose that the total cost $C$ (in thousands of dollars) to produce $x$ units (in millions) of a particular product is given by the function $C ( x ) = \frac { x ^ { 2 } } { 10 } + 100$ .
(a) Find
.
(b) Find
. What does your answer represent?

---

Definitions:

Price-Earnings Ratio

A valuation metric for stocks, calculated by dividing the current market price of a share by its earnings per share (EPS).

Dividend Payout Ratio

The ratio of the total dividends declared by a company to its net income, showing what portion of earnings is paid out as dividends.

Working Capital

The difference between a company's current assets and current liabilities, indicating the short-term financial health and operational efficiency of the business.

Current Ratio

An indicator of how well a company can satisfy its obligations due within a short period, calculated by taking current assets and dividing them by current liabilities.