Solve the Problem. -A Small Company That Makes Hand-Sewn Leather Shoes Has Fixed

question 5

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

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Definitions:

Referent Power

A form of influence that derives from the admiration or respect one commands from others, leading to a desire to emulate the influencer.

Reward Power

Refers to the influence one has by offering rewards or benefits for compliance or desired behaviors.

Informational Power

A form of power stemming from the ability to control access to information and knowledge, which can influence others' actions and beliefs.

Legitimate Power

Power derived from a formal position or role in an organization, allowing one to influence others based on authority.