# One company manufactures high-endracing bicycles. The monthly fixed costsare \$2425. The total cost to manufacture21 bikes is \$19960. Assume that totalcost, C, is linearly related to the number ofbicycles, x, that the companymanufactures.A) The cost function is:PreviewRemember to use function notation.B) The total cost to manufacture 20 bikesis \$C) The cost to produce each additionalbike is \$

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Step 1

It is given that a company is manufacturing high-end racing bicycles. The monthly fixed costs are \$2425. The total cost to manufacture 21 bikes is \$19,960. Also, the total cost C is linearly related to the number of cycles manufacture x.

Step 2

a)

The cost for manufacturing a bicycle is,

Thus, the cost for manufacturing a bicycle is \$835.

Hence, the cost function is, c=\$2,425+\$835x

Step 3

b)

The total cost to manufacture 20 bikes is,

Thus, the total cost to manufacture 20 bikes is \$19.125

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