TMI, a Manufacturer of Blank Audiocassette Tapes, Has a Monthly

question 124

Multiple Choice

TMI, a manufacturer of blank audiocassette tapes, has a monthly fixed cost of $10,900 and a variable cost of $0.50/tape. Find a function C that gives the total cost incurred by TMI in the manufacture of x tapes/month.

• A) C(x) = 0.5x
• B) C(x) = 0.5x + 10,900
• C) C(x) = 10,900x + 0.5
• D) C(x) = (0.5 + 10,900)x
• E) C(x) = 10,900x

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Definitions:

Demonetization

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