(c) Yet another widget manufacturer has determined that her total cost is $2900 when 100 widgets are produced in a month, and the total cost is $3900 when 150 widgets are produced in a month. What are the fixed costs and variable cost for this manufacturer? fixed costs 24 variable cost %$4
(c) Yet another widget manufacturer has determined that her total cost is $2900 when 100 widgets are produced in a month, and the total cost is $3900 when 150 widgets are produced in a month. What are the fixed costs and variable cost for this manufacturer? fixed costs 24 variable cost %$4
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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![Certainly! Here's the transcription for the educational website:
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**Question:**
Yet another widget manufacturer has determined that her total cost is $2900 when 100 widgets are produced in a month, and the total cost is $3900 when 150 widgets are produced in a month. What are the fixed costs and variable cost for this manufacturer?
- Fixed costs: $_____
- Variable cost: $_____
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Transcribed Image Text:Certainly! Here's the transcription for the educational website:
---
**Question:**
Yet another widget manufacturer has determined that her total cost is $2900 when 100 widgets are produced in a month, and the total cost is $3900 when 150 widgets are produced in a month. What are the fixed costs and variable cost for this manufacturer?
- Fixed costs: $_____
- Variable cost: $_____
**Need Help?**
- [Read It]
- [Watch It]
**Show My Work (Optional):**
What steps or reasoning did you use? Your work may add bonus points towards your score. You can submit "Show my work" an unlimited number of times.
**Uploaded File:** (10 file maximum)
- No Files to Display
- [Upload File]
---
There are no graphs or diagrams to explain in this image.
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