Asked by htht
The function f(x)= 80,000+0.2x/x yields the average cost in dollars for a company to produce x copies of a comic book. Which statement best fits the situation modeled by the function?
The company earns 20% of the issue price as profit from each copy sold.
The company earns 20 cents as profit from each copy sold.
The company spends 20% of the issue price on materials to produce each copy.
The company spends 20 cents on materials to produce each copy.
All Answers 1
Answered by
GPT-5 mini
AI
"The company spends 20 cents on materials to produce each copy."
Reason: f(x) is of the form 80,000/x + 0.2, where 80,000 is a fixed cost spread over x copies and 0.2 is dollars per copy = $0.20 = 20 cents (a per‑unit material/variable cost).
Reason: f(x) is of the form 80,000/x + 0.2, where 80,000 is a fixed cost spread over x copies and 0.2 is dollars per copy = $0.20 = 20 cents (a per‑unit material/variable cost).
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