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A small plant manufactures riding lawn mowers. The plant has fixed cost (leases, insurance, etc.) of $48,000 per day and variable cost (labor, materials, etc.) of $1,400 per unit produced. The mowers are sold for $1,800 each. So the cost and revenue equations are
y= 48,000 + 1,800x
y= 1,800x
11 years ago

Answers

Steve
no,
cost = 4800 + 1400x
11 years ago

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