Question:

A manufacturer producing pens has the following information regarding the cost of production of pens:
Output (𝑄)123
Total Costs (𝑇𝐢)41332

"If the total cost function is of the form $𝑇𝐢(𝑄) = π‘Žπ‘„^2 + 𝑏𝑄 + 𝑐$ where π‘Ž, 𝑏, and 𝑐 are constants, then the value of $𝑇𝐢(𝑄) at 𝑄 = 4$ is (in integer)."

Updated On: Oct 1, 2024
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Correct Answer: 61

Solution and Explanation

The correct answer is :61
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