business math college

Question

The total cost (in dollars) to produce qq units of a good is given by the function:

C(q)=7.8q+59000C(q)=7.8q+59000

What is the total cost to produce q=1400q=1400 units?

Cost = $

Answer 1

C(q) = 7.8q +59000

q=1400

replace q with 1400

C(1400) = 7.8(1400) + 59000

= 10,920+59,000

= $69,9200