Determine the cost function for the foundry

Reference no: EM13337837

A foundry produced 45,000 tons of steel in March at a cost of 1,150,000 euros. In April, the foundry produced 35,000 tons at a cost of 950,000 euros. Using only these two data points, determine the cost function for the foundry.

Reference no: EM13337837

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Determine the cost function for the foundry : A foundry produced 45,000 tons of steel in March at a cost of 1,150,000 euros. In April, the foundry produced 35,000 tons at a cost of 950,000 euros. Using only these two data points, determine the cost function for the foundry.

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