Find value of k so that fixed cost for the firm is given
The Cost function of a company depends on an external variable k:
(2k-3)C=30000+12x
Find the value of k so that the fixed cost for the firm is 10000. What would be the variable cost for the company?
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The Cost function of a company depends on an external variable k. Find the value of k so that the fixed cost for the firm is 10000. What would be the variable cost for the company?
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