A small company produces organic cookies. When the price is $9.00 per dozen, the average daily sales has been 84 dozen cookies. When the price was decreased to $6.00 per dozen, the average daily sales increased to 110 dozen cookies. Assume that daily cookie sales is linearly related to price per dozen. Each dozen cookies has a variable cost of 70 cents to make, plus additional daily fixed costs of $55.00

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A: Fixed cost = 1596  MC = 3.20

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A:

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A: Answer to the question is as follows :

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Q: Fixed cost is

A: Please check the solution below

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