Answer:
The company's daily fixed cost=$8000
The marginal cost per cycle=Slope=$ 25
Step-by-step explanation:
We are given that
Factory produces bicycle in a day=
100
Total cost,
$10,500
Factory produces bicycles in a day,
=120
Total cost=
$11,000
There are two points (100,10500) and (120,11000)
Slope =
Using the formula

Slope-intercept form

Where m=Slope of line
c=y-intercept
Substitute the values



y-intercept=8000
Substitute the values in the equation

Therefore, company's daily fixed cost=$8000
The marginal cost per cycle=Slope=$ 25