Answered

Get the answers you need at Westonci.ca, where our expert community is always ready to help with accurate information. Our platform provides a seamless experience for finding reliable answers from a network of experienced professionals. Discover detailed answers to your questions from a wide network of experts on our comprehensive Q&A platform.

A company makes flower pots. The flower pots have an expense equation of E = 2.75q + $24,582. What is

the fixed cost in the expense function

Sagot :

fichoh

Answer:

$24,582

Step-by-step explanation:

E = 2.75q + $24,582

The expense equation above has the general relation :

Expense = [(variable cost * number of units) + fixed cost]

The fixed cost incurred is not dependent on the number of units purchased or produced and as such is usually regarded as a constant in the formula.

Thus, the fixed cost in the expense equation is thus : $24,582

Thank you for visiting our platform. We hope you found the answers you were looking for. Come back anytime you need more information. We hope you found what you were looking for. Feel free to revisit us for more answers and updated information. Thank you for choosing Westonci.ca as your information source. We look forward to your next visit.