74
QuizMultiple Choice

N/A — Exam

Question 74 • Financial Math

Given the cost function C⁡(x)=3⁢x^2−12⁢x+7 , graph the function and identify the graph that correctly represents the cost based on the number of units produced, with the vertex indicating the minimum cost.

Answer
A
Image with description A coordinate plane with a parabola. The x-axis is labeled negative 1 to 5. The y-axis is labeled negative 25 to 5. Points on the parabola are at (0, negative 7), (2, 5), (4, negative 7).
B
Image with description A coordinate plane with a parabola. The x-axis is labeled negative 1 to 5. The y-axis is labeled negative 5 to 25. Points on the parabola are at (0, 7), (2, negative 5), (4.5, 15).
C
Image with description A coordinate plane with a parabola. The x-axis is labeled negative 1 to 5. The y-axis is labeled 0 to 140. Points on the parabola are at (negative 1, 0), (2, 40), (4, 100).
D
Image with description A coordinate plane with a parabola. The x-axis is labeled negative 1 to 5. The y-axis is labeled negative 140 to 20. Points on the parabola are at (2, negative 30), (3, negative 60), 4, negative 90).

Explanation

The coefficient of x² is positive, so the parabola opens upward. Completing the square gives C(x) = 3(x − 2)² − 5, so its vertex—and minimum cost—is (2, −5). Also, C(0) = 7, matching the point (0, 7) in choice B.

AI-written and checked against the verified answer.

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