The Academic T-Shirt Company did a cost study and found that it costs $1600 to produce 600 "I Love Math" T-shirts. The total cost is $1800 for a volume of 700 T-shirts. (a) Determine the linear cost-volume function C(x).(b) What is the fixed cost?(c) What is the unit cost per shirt?
The Academic T-Shirt Company did a cost study and found that it costs $1600 to produce 600 "I Love Math" T-shirts. The total cost is $1800 for a volume of 700 T-shirts. (a) Determine the linear cost-volume function C(x).(b) What is the fixed cost?(c) What is the unit cost per shirt?
Algebra & Trigonometry with Analytic Geometry
13th Edition
ISBN:9781133382119
Author:Swokowski
Publisher:Swokowski
Chapter5: Inverse, Exponential, And Logarithmic Functions
Section5.3: The Natural Exponential Function
Problem 43E
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The Academic T-Shirt Company did a cost study and found that it costs $1600 to produce 600 "I Love Math" T-shirts. The total cost is $1800 for a volume of 700 T-shirts.
(a) Determine the linear cost-volume function C(x).
(b) What is the fixed cost?
(c) What is the unit cost per shirt?
(b) What is the fixed cost?
(c) What is the unit cost per shirt?
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