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 produce the cost if producing x umbrellas is modeled by the function C (x) = 2.83x+ 1,350 identify and interpret the initial value
The initial value in the given function is the constant term of the equation, which is 1,350.
In this context, the initial value represents the fixed cost that the factory must pay regardless of the number of umbrellas they produce. It is the cost that remains constant and does not depend on the number of umbrellas produced. In this case, the fixed cost for the factory is $1,350.