Question: In Exercises, the term fixed costs refers to the start-up costs of operating a business. This includes machinery and building costs. The term variable costs
In Exercises, the term fixed costs refers to the start-up costs of operating a business. This includes machinery and building costs. The term variable costs refers to what it costs a business to produce or service one item.
Max’s Custom Lacrosse Stringing experienced fixed costs of $750 and variable costs of $15 for each lacrosse stick that was restrung. Write an equation that can be used to determine the total cost when x sticks are restrung. Then determine the total cost of restringing 32 lacrosse sticks.
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