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Cost Function Refer to Problem 47. Suppose that the landlord of the building increases the bicycle manufacturer's rent by per month.
a. Assuming that the manufacturer is open for business 20 days per month, what are the new daily fixed costs?
b. Write a linear model that expresses the cost of manufacturing bicycles in a day with the higher rent.
c. Graph the model.
d. What is the cost of manufacturing 14 bicycles in a day?
e. How many bicycles can be manufactured for ?
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