A company that manufactures bicycles has a fixed cost of $100,000. It costs $100 to produce each
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A company that manufactures bicycles has a fixed cost of $100,000. It costs $100 to produce each bicycle. The total cost for the company is the sum of its fixed cost and variable costs. Write the total cost, C, as a function of the number of bicycles produced, x. Then find and interpret C(90).
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Cx 100000 100x C...View the full answer
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