Ask Question
BusinessBusiness
11 January, 13:11

The total cost c (q) of producing q goods is given by: c (q) = 0.01q3-0.6q2+14q what is the fixed cost?

+2
Answers (1)
  1. 11 January, 13:45
    0
    We have that the fixed cost is in general the cost that happens when one produces products that is irrespective of the number of products produced. This can encompass various costs like rent of the factory and some standard machine check-up costs. In this equation, we have no standard costs; when 0 prodcuts are produced, the cost is 0 (it is a polynomial with a 0 constant term). Thus, we get that the fixed costs are 0.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “The total cost c (q) of producing q goods is given by: c (q) = 0.01q3-0.6q2+14q what is the fixed cost? ...” in 📘 Business if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers
You Might be Interested in
The impact of the national debt on the economy's unemployment is an example of A. behavioral economics. B. macroeconomics analysis. C. irrational economics. D. microeconomic analysis.
No Answers
Which best describes what happens to the amount of a good or service that is supplied to consumers? The amount of a good or service can change. The amount of a good or service always remains the same. The amount of a good cannot change.
Answers (2)
On December 31, 2017, Beta Company had 320,000 shares of common stock issued and outstanding. Beta issued a 4% stock dividend on June 30, 2018. On September 30, 2018, 35,000 shares of common stock were reacquired as treasury stock.
Answers (1)
According to Aristotle's three critical elements of good communication, what equates to logic?
Answers (1)
Which would you use to determine how much money you have left over to save each month
Answers (1)
New Questions in Business
A local government awards a landscaping company a contract worth $1.5 million per year for five years for maintaining public parks. The landscaping company will need to buy some new machinery before they can take on the contract.
Answers (1)
According to the presentation, the first step in making a major purchase is: A. choosing a salesperson B. determining the features C. you want to do your research D. finding out what the taxes will be
Answers (1)
Bank Corp.'s voting stock is owned by the following individuals: Farber, 25%; Farber's mother, 15%; Farber's father, 40%; and Grosset, an unrelated person, 20%. Farber's sister sold equipment to Bank at a loss.
Answers (1)
A financial analyst is presented with information on the past records of 60 start-up companies and told that in fact only 3 of them have managed to become highly successful. He selected 3 companies from this group as the candidates for success.
Answers (1)
Sal, a production manager, knows that some of his employees are upset with a new corporate policy that eliminates a tuition reimbursement program. As a result, some of these employees are participating in soldiering.
Answers (1)
Home » Business » The total cost c (q) of producing q goods is given by: c (q) = 0.01q3-0.6q2+14q what is the fixed cost?
Sign Up Forgot Password?