C(x) = ax^2 + bx + c since it is quadratic.Â
C(2) = 23, C(4) = 55, C(10) = 247.Â
Plugging all this in:Â
4a + 2b + c = 23Â
16a + 4b + c = 55Â
100a + 10b + c = 247Â
Solving simultaneously:Â
6a + b = 16Â
14a + b = 32Â
a= 2, b = 4, c = 7Â
So total cost of producing 8 widgets = 2(8)^2 + 4(8) + 7Â
= 128 + 39 = $167