A company that manufactures bicycles has a fixed cost of $90,000. It costs $200 to produce each bicycle. The total cost for the company is the sum of its fixed cost and variable costs.
Write the total cost, C, as a function of the number of bicycles produced, x. Then, find and
interpret C(100).
The total cost function is C(x) =
Determine the interpretation of C(100). Select the correct choice below and fill in the answer
box(es) to complete your choice.
(Simplify your answers.)
O A. C(100) =
; It costs $
to produce 100 bicycles.
OB. C(100) =
; It costs $100 to produce
bicycles.