Write an equation to represent the cost function

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Reference no: EM131339373

It costs ABC Corporation $3000 to produce 20 of a particular model of color television and $5000 to produce 60 of that model. (Lesson 1-4)

a. Write an equation to represent the cost function.

b. Determine the fixed cost and variable cost per unit.

c. Sketch the graph of the cost function

Reference no: EM131339373

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