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

question 139

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 + 320
• C) C = 44x + 1520
• D) C = 60x + 1520

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Budget Deficit

The financial situation in which government expenditures exceed revenues.

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A government program that provides financial assistance to people with inadequate or no income, especially the elderly, disabled, and families with dependent children.

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Financial assistance programs provided by the government to farmers, aimed at stabilizing or increasing agricultural production and incomes.

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The total amount of money owed by the federal government of the United States, encompassing all outstanding Treasury bills, notes, and bonds.