Cost Function Calculator
Total Cost Function:
Formula: Total Cost = Fixed Cost + (Variable Cost per Unit * Units Produced)
Cost Function Calculator | ||
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Parameter | Description | Example Value |
Fixed Costs | The total fixed costs that do not change with the level of output. | $50,000 |
Variable Costs per Unit | The total variable costs per unit of output. | $20 |
Total Output | The total number of units produced. | 10,000 units |
Total Cost | The total cost of production. Formula: Fixed Costs + (Variable Costs per Unit * Total Output) |
$250,000 |