Question
Asked Feb 5, 2020
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One company manufactures high-end
racing bicycles. The monthly fixed costs
are $3365. The total cost to manufacture
25 bikes is $16740. Assume that total
cost, C, is linearly related to the number of
bicycles, x, that the company
manufactures.
A) The cost function is:
Preview
Remember to use function notation.
B) The total cost to manufacture 14 bikes
is $
C) The cost to produce each additional
bike is $
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One company manufactures high-end racing bicycles. The monthly fixed costs are $3365. The total cost to manufacture 25 bikes is $16740. Assume that total cost, C, is linearly related to the number of bicycles, x, that the company manufactures. A) The cost function is: Preview Remember to use function notation. B) The total cost to manufacture 14 bikes is $ C) The cost to produce each additional bike is $

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Expert Answer

Step 1

Given:

Algebra homework question answer, step 1, image 1
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Step 2

Calculation:

Algebra homework question answer, step 2, image 1
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Step 3
Algebra homework question answer, step 3, image 1
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