The RideEm Bicycles factory can produce 170 bicycles in a day at a total cost of $10,400. It can produce 190 bicycles in a day at a total cost of $11,000. What are the company's daily fixed costs (in dollars)? $ What is the marginal cost (in dollars) per bicycle?
The RideEm Bicycles factory can produce 170 bicycles in a day at a total cost of $10,400. It can produce 190 bicycles in a day at a total cost of $11,000. What are the company's daily fixed costs (in dollars)? $ What is the marginal cost (in dollars) per bicycle?
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The RideEm Bicycles factory can produce 170 bicycles in a day at a total cost of $10,400. It can produce 190 bicycles in a day at a total cost of $11,000. What are the company's daily fixed costs (in dollars)?
$
What is the marginal cost (in dollars) per bicycle?
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