Question 1048077: A company that manufactures bicycles has a fixed cost of $100,000. It costs $100 to produce each bicycle. The total cost for the company is the sum of its fixed cost and variable costs. Write the total cost, C, as a function of the number of bicycles produced, X. Then find and interpret C(90).
Answer by stanbon(75887)   (Show Source):
You can put this solution on YOUR website! A company that manufactures bicycles has a fixed cost of $100,000. It costs $100 to produce each bicycle. The total cost for the company is the sum of its fixed cost and variable costs. Write the total cost, C, as a function of the number of bicycles produced, X. Then find and interpret C(90).
C(x) = 100,000 + 100x
-----
C(90) = 100,000 + 9000 = 109,000
It costs $109,000 to produce 90 bicycles.
Cheers,
Stan H.
-------------------
|
|
|
