Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Q14. Regrind, Inc. regrinds used typewriter platens. The variable cost per platen is $1.90. The total cost to regrind 50 platens is $400. Find the

Q14. Regrind, Inc. regrinds used typewriter platens. The variable cost per platen is $1.90. The total cost to regrind 50 platens is $400. Find the linear cost function to regrind platens. If reground platens sell for $8.80 each, how many must be reground and sold to break even?

a. C(x) = 1.90x + 305; 45 platens

b. C(x) = 1.90x + 400; 38 platens

c. C(x) = 1.90x + 400; 58 platens

d. C(x) = 1.90x + 305; 29 platens

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Discrete Mathematics and Its Applications

Authors: Kenneth H. Rosen

7th edition

0073383090, 978-0073383095

More Books

Students also viewed these Mathematics questions