Suppose honey is produced in a beehive using bees and sugar


Suppose honey is produced in a beehive using bees and sugar. Each honey producer uses one beehive which she rents for $30 per month. Producing q gallons of honey in one month requires spending 5q dollar bees and 2q^2 dollars on sugar. What is the total cost of producing q units of honey for an individual honey producer in a given month?

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Econometrics: Suppose honey is produced in a beehive using bees and sugar
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