Question
You are serving as the chair for your community's annual wellness campaign.A key event is the annual Walk 3k, Run 10k, Ride 20k event.The event
You are serving as the chair for your community's annual wellness campaign.A key event is the annual Walk 3k, Run 10k, Ride 20k event.The event is staged entirely by volunteers and the goal is to attract community-wide awareness of getting active as a key step to wellness.In other words, the goal is not to raise money, but to prompt awareness.As the chair, you set a financial goal to break even on the one and only cost of the event, a fitness bag with the community seal and the event motto, "I AM ON THE RIGHT TRACK!"
The cost of the bags, which must be ordered in batches of 100, are:
Bags Fixed Cost Variable Cost Total Cost Marginal Cost
0 $1,700 $- $1,700
100 $1,700 $500 $2,200
200 $1,700 $1,200 $2,900
300 $1,700 $2,700 $4,400
400 $1,700 $5,200 $6,900
500 $1,700 $9,000 $10,700
600 $1,700 $15,000 $16,700
700 $1,700 $23,800 $25,500
800 $1,700 $36,800 $38,500
900 $1,700 $55,800 $57,500
1,000 $1,700 $83,000 $84,700
Can you help me find the Marginal Cost with the information is have put it?
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