A factory produces beach umbrellas they have a fixed cost they must pay no matter how many umbrellas they produce and a variable cost they must pay for each umbrella they are produce the cost of producing d umbrellas is modeled by the function c(x) =2.83x+1350 identify and interpret the initial value
In the given function, c(x) = 2.83x + 1350, the initial value is 1350.
The initial value represents the fixed cost that the factory must pay, regardless of the number of umbrellas produced. In this case, it is 1350. It means that even if the factory doesn't produce any umbrellas, they still have to pay 1350 for other expenses like rent, utilities, employees, etc.