The rideem bicycles factory can produce 160 bicycles in a day at a total cost of $10,100. it can produce 180 bicycles in a day at a total cost of $11,000. what are the company's daily fixed costs

$2,900

Step-by-step explanation:

The additional 180 - 160 = 20 bicycles cost an additional $11,000 - 10,100 = $900. That means the 180 bicycles cost 9·$900 = $8100, and the fixed costs are $11,000 - 8,100 = $2,900.

Each group of 20 bikes costs $900, so 9 groups of 20 (180 bikes) cost 9×$900 = $8100.