SOLUTION: A company that manufacturers bicycles has a fixed cost of $4000 to produce each bike. The total cost for the company is the sum of its fixed cost and variable costs. Write the tota
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Question 1010040: A company that manufacturers bicycles has a fixed cost of $4000 to produce each bike. 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 bicycles produced, x. Then, find C(50). Answer by fractalier(6550) (Show Source):
You can put this solution on YOUR website! We are not given the variable costs. So the best I can do is show you
C(x) = 4000x
C(50) = 4000(50) = $200000