C - fixed costs; b - costs per bicycle;
c + 110 b = 10,900
c + 130 b = 11,600
c = 10,900 - 110 b
10,900 - 110 b + 130 b = 11,600
20 b = 700
b = 700 : 20 = $35
c + 110 * 35 = 10,900
c + 3,850 = 10,900
c = 10,900 - 3,850
c = $7,050 ( daily fixed costs )
Marginal cost is the cost of producing one more unit of goods ( one more bicycle ).
Answer:
The company`s daily fixed cost is $7,050.
The marginal cost per bicycle is $35.
Solution:
30% of the employees are managers.
Explanation:
We have been given that there are 80 employees, and 24 of the employees are managers.
We have to find the percentage of the employees that are managers.
We can find this percentage with the below formula
On substituting the known values, we get
Therefore, 30% of the employees are managers.
Step-by-step explanation:
his father's age= 4x
his mother's age= 4x- 7
his age= x
x+4x+4x-7=101
x+ 4x+ 4x= 101+ 7
9x= 108
=
x= 12
Tesfa is 12 years old
Answer: y = 7x - 6
Step-by-step explanation:
7 = m (slope)
-6 = y-intercept