Economics—Cost Analysis: The manager of Pizza Pizzazz determines that the cost function for their specialty pizzas is given by
C( x) = 6.5x + 300
where x represents the number of pizzas prepared and delivered and C(x) represents the cost in dollars.
(a) Identify the fixed and variable costs for the specialty pizzas.
(b) Evaluate C(36) and interpret the result.
(c) Determine how many pizzas can be prepared and delivered for $703.
(d) What is the marginal cost of the specialty pizzas?
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