Savagehailey
Answered

Westonci.ca offers fast, accurate answers to your questions. Join our community and get the insights you need now. Connect with a community of professionals ready to provide precise solutions to your questions quickly and accurately. Experience the convenience of finding accurate answers to your questions from knowledgeable experts on our platform.

The costs for a new publishing company can be classified as fixed costs, such as rent and insurance, or variable costs, such as materials and labor. Fixed costs are constant, while variable costs change as the number of items produced changes. The graph shows the weekly variable costs based on the number of books produced.

a. If weekly fixed costs are $300, sketch a graph showing total expenses for the week.
b. Find the total cost of producing 75 books in a week.

The Costs For A New Publishing Company Can Be Classified As Fixed Costs Such As Rent And Insurance Or Variable Costs Such As Materials And Labor Fixed Costs Are class=

Sagot :

semsee45

Answer:

a) As weekly costs are fixed at $300, we simply need to shift the function up 300 units. (the new function is shown in blue on the attached graph).

b) Reading from the (blue) graph, the total cost of producing 75 books in a week is $600.

fixed cost + variable cost = $300 + $300 = $600

View image semsee45
We appreciate your visit. Our platform is always here to offer accurate and reliable answers. Return anytime. Thank you for your visit. We're dedicated to helping you find the information you need, whenever you need it. Westonci.ca is here to provide the answers you seek. Return often for more expert solutions.