O $17,300

Algebra & Trigonometry with Analytic Geometry
13th Edition
ISBN:9781133382119
Author:Swokowski
Publisher:Swokowski
Chapter7: Analytic Trigonometry
Section7.6: The Inverse Trigonometric Functions
Problem 91E
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Suppose that a company's marginal costs for producing mountain bikes is given by the table
below
Number of Bikes
10
20
30
Marginal Cost
821
630
584
516
You may assume that the marginal cost is decreasing everywhere and that the fixed cost is
$5000. Find a lower estimate for the total cost of producing 30 bikes
O $17,300
O $20,350
O $22,300
O $25,350
O $30,510
O none of the above
Transcribed Image Text:Suppose that a company's marginal costs for producing mountain bikes is given by the table below Number of Bikes 10 20 30 Marginal Cost 821 630 584 516 You may assume that the marginal cost is decreasing everywhere and that the fixed cost is $5000. Find a lower estimate for the total cost of producing 30 bikes O $17,300 O $20,350 O $22,300 O $25,350 O $30,510 O none of the above
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