Question 986502
One company manufactures high-end racing bicycles.
 The monthly fixed costs are $3520.
 The total cost to manufacture 29 bikes is $31360.
 Assume that total cost, C, is linearly related to the number of bicycles, x, that the company manufactures.
:
Find the cost per bicycle minus the fixed cost.
{{{((31360-3520))/29}}} = $960 
:
A) The cost function is?
C(x) = 960x + 3520
:
B) The total cost to manufacture 27 bikes is $ ?
x = 27
C(x) = 960(27) + 3520
C(x) = 25920 + 3520
C(x) = $29440
:
C) The cost to produce each additional bike is $960