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April 25, 2014

Homework Help: Algebra

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

The RideEm Bicycles factory can produce 140 bicycles in a day at a total cost of $10,200 and it can produce 160 bicycles in a day at a total cost of $10,900.

What are the company's daily fixed costs?

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

Thank you.

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