February 21, 2017

Homework Help: College Algebra

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?

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