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Cost Function in Calculus: Formula & Examples

Instructions:

Choose an answer and hit 'next'. You will receive your score and answers at the end.

question 1 of 3

The cost function for producing light bulbs is shown below. Find the total cost of producing 2 million lightbulbs. C(x) = .001x + .0000000025x^2 + 100,000

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1. The cost function for producing televisions is shown below. Find the average cost per television of producing 500 televisions. C(x) = 50.4x + 50,000

2. The cost function for producing surfboards is shown below. Find the total cost of producing 10,000 surfboards. C(x) = -.00025x^2 + 1500x + 12,000

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About This Quiz & Worksheet

This quiz will provide you with practice completing calculus problems featuring the cost function.

Quiz & Worksheet Goals

You'll be solving problems involving:

  • Total cost
  • Average cost
  • Marginal cost
  • Maximizing total cost

Skills Practiced

Additionally, with these assessments you can practice:

  • Reading comprehension - ensure that you draw the most important information from the related lesson on cost function in calculus
  • Problem solving - use acquired knowledge to solve cost function practice problems
  • Information recall - access the knowledge you've gained regarding measuring costs of production

Additional Learning

Improve your ability to work out the solution to cost function problems by reading the lesson Cost Function in Calculus: Formula & Examples. Helpful information found in this lesson includes:

  • How companies use cost function
  • The way the cost function is usually denoted
  • Costs that can be ascertained with the cost function
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