Nike develops a new football helmet. They don't know how many are going to sell, so they asked for 3 options and assume the relationship is linear Units Cost Quote Min Order 1,000 $4,000 Med Order 2,000 $12,000 Large order 10,000 $45,435 What would expect it to cost if you produced 3500 helmets.
Nike develops a new football helmet. They don't know how many are going to sell, so they asked for 3 options and assume the relationship is linear Units Cost Quote Min Order 1,000 $4,000 Med Order 2,000 $12,000 Large order 10,000 $45,435 What would expect it to cost if you produced 3500 helmets.
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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
Transcribed Image Text:Nike develops a new football helmet. They don't know how many are going to sell, so they
asked for 3 options and assume the relationship is linear
Units
Cost Quote
Min Order 1,000
$4,000
Med Order 2,000
$12,000
Large order 10,000
$45,435
What would expect it to cost if you produced 3500 helmets.
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