Question

A corporation produces mini-widgets. The variable expenses are $1.24 per mini-widget, and the fixed expenses are $142,900. Represent the total expense as a function of quantity produced, q.

Answer 1

Answer:

e=142,900+1.24q, where:

e are the total expenses

q is the quantity produced.

Step-by-step explanation:

With the information provided, you can say that the total expense would be equal to the result of adding up the fixed expenses plus the variable expenses. These variable expenses would be equal to the expenses per mini-widgets for the quantity produced, which you can express as:

e=142,900+1.24q, where:

e is the total expense

q is the quantity produced.