Sovi.AI - AI Math Tutor

Scan to solve math questions

QUESTION IMAGE

test information description instructions timed test this test has a ti…

Question

test information
description
instructions
timed test this test has a time limit of 1 hour and 40 minutes. this test will save and submit automatically when the time expires. warnings appear when half the time, 5 minutes, 1 minute, and 30 seconds remain.
multiple attempts this test allows multiple attempts.
force completion this test can be saved and resumed at any point until time has expired. the timer will continue to run if you leave the test. your answers are saved automatically.
remaining time: 1 hour, 19 minutes, 30 seconds.
question completion status:
moving to another question will save this response.
question 9
let c(x) be a total cost function computing the total cost of manufacturing x units. the fixed cost is x such that c(x)=0.
true
false
moving to another question will save this response.

Explanation:

Brief Explanations

The fixed - cost is the cost when no units are produced, i.e., when \(x = 0\). But \(C(0)\) is non - zero as it includes costs like rent, equipment lease etc. that are incurred even without production. The total cost function \(C(x)\) is composed of fixed cost and variable cost. Variable cost is zero when \(x = 0\), but fixed cost remains. So \(C(x)
eq0\) when considering fixed cost.

Answer:

B. False