Posted by **Anonymous please help :) ** on Monday, February 18, 2013 at 1:59pm.

A company builds bicycles. Their fixed cost is 300,000 and it costs $500 to make each bicycle(labor,materials,etc.)

A)What is the cost equation and what is the average cost per bicycle?

B)If the revenue equation is -3x^2+3200x where x is the number of bicycles, how many bicycles does the company need to sell to maximize profits?

## Answer This Question

## Related Questions

- Algebra 2 - Aki's Bicycle Designs has determined that when x hundred bicycles ...
- algebra - Aki's Bicycle Design has determined that when x hundred bicycles are ...
- Algebra 2 - I apologize for that. I didn't realize I didn't write the whole ...
- Algebra - The RideEm Bicycles factory can produce 140 bicycles in a day at a ...
- algabra - Aki’s Bicycle Designs has determined that when x hundred bicycles are ...
- math - Aki’s Bicycle Designs has determined that when x hundred bicycles are ...
- Algebra - Aki’s Bicycle has determined that when x hundred bicycles are built, ...
- MATH - The equation C(x) = 100x+100,000/x models the average cost (C(x)) for a ...
- algebra - Average cost of a bicycle is modeled by the function c(x)=.1x^2-1.7x+...
- Accounting 3 - Wheeler’s Bike Company manufactures custom racing bicycles. The ...

More Related Questions