Final answer:
To find the cost of producing 266 calendars, we substitute 266 into the production cost function C=32+5x, resulting in a total cost of $1362.
Step-by-step explanation:
The question asks for the cost of producing 266 calendars using the production cost function provided. Given that the cost function for producing x calendars is C=32+5x, where C is the total production cost in dollars, we simply need to substitute the value of x (the number of calendars) into the equation to find the cost.
To calculate the cost of producing 266 calendars, we plug 266 into the equation in place of x:
- Cost of production (C) = 32 + 5(266)
- C = 32 + 1330
- C = $1362
So, the cost of producing 266 calendars is $1362.