A company that manufactures small canoes has a fixed cost of $20,000. It costs $20 to produce each canoe. The selling price is $40 per canoe. (In solving this exercise, let x represent the number of canoes produced and sold.) a. Write the cost function.

Algebra for College Students
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Author:Jerome E. Kaufmann, Karen L. Schwitters
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Chapter8: Functions
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A company that manufactures small canoes has a fixed cost of $20,000. It costs $20 to produce each canoe. The selling price is $40 per canoe. (In solving
this exercise, let x represent the number of canoes produced and sold.)
a. Write the cost function.
Transcribed Image Text:A company that manufactures small canoes has a fixed cost of $20,000. It costs $20 to produce each canoe. The selling price is $40 per canoe. (In solving this exercise, let x represent the number of canoes produced and sold.) a. Write the cost function.
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