ENGR.ECONOMIC ANALYSIS
ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN: 9780190931919
Author: NEWNAN
Publisher: Oxford University Press
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According to following information, which of the
following is the total cost function in the form of Y =
F+V*X ? Number of units produced is 46,000.
Fixed
Variable Total
Cost
Cost
Costs
Material used in Production
Labour used in Production
Production Facilities cost
TOTAL COST
92,000
105,000 197,000
48,000
85,000 133,000
39,000
40,000
79,000
179,000 230,000 409,000
Select one:
O a. Y = 179,000+V*5
O b. Y = 230,000+V*5
OC.Y = 409,000+V
O d. Y = 179,000+V*23
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Transcribed Image Text:According to following information, which of the following is the total cost function in the form of Y = F+V*X ? Number of units produced is 46,000. Fixed Variable Total Cost Cost Costs Material used in Production Labour used in Production Production Facilities cost TOTAL COST 92,000 105,000 197,000 48,000 85,000 133,000 39,000 40,000 79,000 179,000 230,000 409,000 Select one: O a. Y = 179,000+V*5 O b. Y = 230,000+V*5 OC.Y = 409,000+V O d. Y = 179,000+V*23
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