Question

A company that manufactures small canoes has a fixed cost of $20,000. It costs $100 to produce each canoe. The selling price is $200 per canoe.​ (In solving this​ exercise, let x represent the number of canoes produced and​ sold.)

a. Write the cost function.
​C(x)=

(Type an expression using x as the​ variable.)

Answer 1

Explanation:

fixed cost of $20,000.

variable cost $100 to produce each canoe

sell it at $200 per

x numbers sold

C(x) = 20,000+100*x