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A small business is assembles bikes and have the following data, Number of bikes Total Cost (Measured in assembled dollars) 0 32000 300 38000 600

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A small business is assembles bikes and have the following data, Number of bikes Total Cost (Measured in assembled dollars) 0 32000 300 38000 600 48000 900 58000 a. What is the fix cost? 5 b. What is the average cost to produce 600 bikes? Your answer must have two decimal places, If your answer was 90 then you must enter 90.00 as the answer. 5 b. Use 300 and 600 to estimate the marginal cost when the number of bikes assembled is 300. Your answer must have two decimal places, If your answer was 3.5 then you must enter 3.50 as the answer. 3 per bike. The total cost (in dollars) to produce q units of a good is given by the function: C(q) = 7.2g + 50000 A. What is the total cost to produce q = 1200 units? Total cost = S B. What is the cost of the 1201st item? Cost of the 1201st item = $

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