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The management of a company manufacturing surfboards has fixed costs (zero output) of $ 200 per day and total costs of $3 800 per day at a daily output of 20 boards.
a. Assuming the total costs per day C is linearly related to the total output per day (X), write an equation relating these two quantities.
b. What are the total costs for an output of 12 boards per day?
c. Graph the equation for 0<X<20.
Read the article below to find out what's going on in business news this week! This is a great way to talk to your classmates about current events. You can start out by clicking on the article below and thinking about the questions. Then, click on th..
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"In today's highly volatile, unpredictable and ever flexible business environment, organisations can only take an emergent approach to change."
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