Well if its how I think it should be done I know that 1/2 is 0.5 so you take 25.5 divided by 6 and the answer would be 4.25
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:
33 minutes. 20- 14.72=5.28
Step-by-step explanation:
20- 14.72=5.28. then divide 5.28 by .16(cents per minute) to get 33 minutes
Answer:
Switch .91 and .19 and you're good
Step-by-step explanation:
