Mathematics
Mathematics, 18.10.2019 21:00, orteg555a

The marginal cost function of producing q mountain bikes is upper c superscript prime baseline left-parenthesis q right-parenthesis equals startfraction 600 over 0.3 q plus 5 endfraction. (a) if the fixed cost in producing the bicycles is dollar-sign 2300, find the total cost to produce 30 bicycles. enter an answer to two decimal places. dollar-sign 4359.23 (b) if the bikes are sold for dollar-sign 220 each, what is the profit (or loss) on the first 30 bicycles? enter an answer to two decimal places. dollar-sign 2240.77 (c) find the marginal profit on the 31st bicycle. enter an answer to two decimal places. dollar-sign

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