Raymond B. answered 04/29/23
Math, microeconomics or criminal justice
C(57) = 57r + FC = 6665
C(180) = 180r + FC =18965
180r -57r = 18965=6665
123r = 12300
r = $100 = cost of one refrigerator
FC = 6665-5700 = $965 = Fixed Cost
Wei H.
asked 12/07/22A company manufactures small refrigerators. The total cost to manufacture 57 refrigerators is $6665. The total costs to manufacture 180 refrigerators is $18965. Assume that total cost, C, is linearly related to the number of refrigerators, x, the company manufactures and includes a fixed cost and a cost per refrigerator.
Raymond B. answered 04/29/23
Math, microeconomics or criminal justice
C(57) = 57r + FC = 6665
C(180) = 180r + FC =18965
180r -57r = 18965=6665
123r = 12300
r = $100 = cost of one refrigerator
FC = 6665-5700 = $965 = Fixed Cost
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