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.
Answer:
????
Step-by-step explanation:
where is the info like the graph
Answer:
y = 4x -14
Step-by-step explanation:
The required answer form is slope-intercept form, so we need the slope and the y-intercept of the line.
The slope equation is ...
m = (y2 -y1)/(x2 -x1)
m = (10 -2)/(6 -4) = 8/2 = 4
The y-intercept equation is ...
b = y - mx
b = 2 -4(4) = -14
The equation of the line is y = 4x -14.
Interest is $1,320. <span><span>P is the principal amount, $6,600.
</span><span>r is the interest rate, 4% per year, or in decimal form, 4/100=0.04.
</span><span>t is the time involved, 5 years time periods.
</span><span>So, t is 5 year time periods.
</span></span>I= p x r x t
In order to get the final number just add $1,320 + $6,600 which is $7,920
Answer:
D. The value of the hundreds digit is 10,000 times the value of the hundredths digit.
Step-by-step explanation:
all of the other options are incorrect
0.01 x 10,000 = 100