Company ABC produces widgets. They have found that the cost, c (x), of making x widgets is a quadratic function in terms of x. The company also discovered that it costs $23 to produce 2 widgets, $55 to produce 4 widgets, and $247 to produce 10 widgets. What is the total cost of producing 8 widgets?
I think this should be helpful: C(x)=ax^2+bx+c
Well, let the quadratic be: ax^2 + bx + c. By using the three data points, you get three equations in three variables a, b and c. Solve them to find the real quadratic equation. Then, use value of x=8 to find the cost for 8 units.
Yep, exactly, we have c(2)=23, c(4)=55, and c(10)=247
So what's the answer?
well, basically your gonna end up with 3 equations and unknowns which you will have to solve for for
what would be the total cost of producing 8 widgets
A. $103 B. $153 C. $167 D. $177
?
Asking us to do your work and pop an answer choice is not the best thing I think.
Join our real-time social learning platform and learn together with your friends!