The total cost of producing 500 items a day in a factory is $40 000, which includes

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The total cost of producing 500 items a day in a factory is $40 000, which includes a fixed cost of $2000.
(a) Work out the variable cost per item.
(b) Work out the total cost of producing 600 items a day.

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Mathematics for Economics and Business

ISBN: 978-1292191669

9th edition

Authors: Ian Jacques

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Question Posted: Apr 18, 2019 08:51 AM

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The total cost of producing 500 items a day in a factory is $40 000, which includes

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Mathematics for Economics and Business

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