O $17,300
Advanced Engineering Mathematics
10th Edition
ISBN:9780470458365
Author:Erwin Kreyszig
Publisher:Erwin Kreyszig
Chapter2: Second-order Linear Odes
Section: Chapter Questions
Problem 1RQ
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Transcribed Image Text:Suppose that a company's marginal costs for producing mountain bikes is given by the table
below
Number of Bikes
10
20
30
Marginal Cost
821
630
584
516
You may assume that the marginal cost is decreasing everywhere and that the fixed cost is
$5000. Find a lower estimate for the total cost of producing 30 bikes
O $17,300
O $20,350
O $22,300
O $25,350
O $30,510
O none of the above
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