QuestionFind the fixed cost $F$ and variable cost $V$ from the cost function $C(x)$ using points (0, 660), (31, 1343), (95, 2750).
$$\begin{array}{l} F= \\ V= \end{array}$$

Studdy Solution
Calculate the variable cost $V$.
$$V = \frac{683}{31} \approx22.03$$The fixed cost $$ is $660 and the variable cost $V$ is approximately $22.03 per unit.