Cost Equation. The management of a company manufacturing surfboards has fixed costs(zero output) of $200 per day and total
costs of $1,400 per day at a daily output of 20 boards.
(A) Assuming the total cost per day(C) is linearly related to the total
output per day(x), write the equation relating these two quantities.
(B) What are the total costs for an output of 12 boards per day?
(C) Graph the equation for 0 < x < 20