Multiple Choice
Solve the problem.
-A small company that makes hand-sewn leather shoes has fixed costs of $320 a day,and total costs of $1200 per day at an output of 20 pairs of shoes per day.Assume that total cost C is linearly related to output x.Find an equation of the line relating output to cost.Write the final answer in the form C = mx + b.
A) C = 44x + 320
B) C = 60x + 1520
C) C = 60x + 320
D) C = 44x + 1520
Correct Answer:
Verified
Correct Answer:
Verified
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