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forsale [732]
3 years ago
12

Mrs. Dill is planning on baking cakes for a summer festival. In order to do this, she needs to spend $15 on new equipment to bak

e the cakes, plus she estimates that it will cost her 5 cents for every cake that she bakes. If x is the number of cakes that she makes, what is the cost function C(x)?a. C(x) = 15 + 0.5x.b. C(x) =15 + 5x.c. C(x) = 5 + 15x.d. C(x) = 15 +0.05x.
Business
1 answer:
Anon25 [30]3 years ago
8 0

Answer: d. C(x) = 15 +0.05x.

Explanation:

The Cost function for the cake will be the sum of the fixed and variable costs that Mrs. Dill will incur per cake baked.

Fixed cost = $15

Total Variable cost = Number of cakes baked * variable cost per cake

= x * 5 cents

= x * 5 cents / 100 cents in a dollar

= 0.05x

Cost function is therefore:

= 15 + 0.05x

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elena55 [62]

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Explanation:

As per the Theory of Competitive Advantage posited by David Ricardo, a country should specialize in the good that it has a competitive advantage in. A country has a competitive advantage if it incurs a less opportunity cost in producing the good.

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3 years ago
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Mice21 [21]

Answer:

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suter [353]

Answer:

B) False

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But there is a problem in such analysis that exact estimate or even nearby estimate in terms of amount is not feasible to be computed of benefits and cost as well.

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3 years ago
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Hey there,
The answer is coupons.

Hope this helps :))

<em>~Top♥</em>
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