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.
Aidan has put 21 hours of work. To simplify it, Harry worked 7 hours and Aidan worked 7 x 3 times which equates to 21 hours.
Answer:
s = 8t
Step-by-step explanation:
.............................
Answer:
f(3) = 9
Step-by-step explanation:
Wherever you see an x on the right, put a 3 in for that x
f(x) = 2x^2 + x - 12
f(3) = 2*(3)^2 + 3 - 12
f(3) = 2*9 + 3 - 12
f(3) = 18 + 3 - 12
f(3) = 9
