Wednesday

August 20, 2014

August 20, 2014

Posted by **Sandie** on Sunday, February 19, 2012 at 12:21am.

What are the company's daily fixed costs?

What is the marginal cost per bicycle?(How do I find this function?)

Thank you.

- Algebra -
**drwls**, Sunday, February 19, 2012 at 1:22am20 extra bikes cost $700 more to produce. That is $35 per bike. That is the marginal cost.

When producing 140 bikes, the per-bike part of the cost is 140x35 = $4900

The "daily fixed cost" (labor/rent/overhead) is 10,200 -4900 = $5300.

**Related Questions**

math - A factory produces bicycles at a rate of 80+0.3t^2−1.1t bicycles ...

MATH - The equation C(x) = 100x+100,000/x models the average cost (C(x)) for a ...

College Algebra - A company builds bicycles. Their fixed cost is 300,000 and it ...

Algebra - Aki’s Bicycle has determined that when x hundred bicycles are built, ...

algebra - AKI'S bicycyle designs has determined that when x hundreds bicycles ...

economics - Suppose that bicycles are produced by a perfectly competitive, ...

math - The equation C(x) = 100x + 100,000/x models the average cost (C(x)) for a...

economics - Suppose we have the following market supply and demand schedules for...

6th grade - Say you are at a bike shop. They sell tricycles, bicycles and ...

5th grade math - Kat has 30 vehicles. Some are bicycles and some are cars. These...