How are dividing fractions used in real life?

1 answer:

6 0

Art Projects

Have you ever made a collage as a group, or painted a wall for a community project. Whenever you do something like that you are given a certain piece to do. This is division. When divided the workload becomes easy and light and when working together side by side, you are learning valuable people skills.

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Elena-2011 [213]

The question is incomplete. The complete question is :

A manufacturer of mountain bikes has the following marginal cost function:

$C'(q)=\frac{700}{0.7q+8}$

where q is the quantity of bicycles produced.

When calculating the marginal revenue and marginal profit in this problem, use the approach given for the marginal cost and marginal revenue in the discussions in your textbook.

a) If the fixed cost in producing the bicycles is $2800, find the total cost to produce 30 bicycles?

b) If the bikes are sold for $200 each, what is the profit (or loss) on the first 30 bikes?

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Given :

$C'(q)=\frac{700}{0.7q+8}$

a). Fixed cost, FC = $ 2800

Total cost to produce 30 bicycles is :

$C = 2800 + \int_0^{30} C'(q) \ dq$