C(150)=1017.5
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Bradley Lynch
01/10/2020 · escuela secundaria
Bucky runs a successful hot dog stand on the Library Mall at the University of Wisconsin - Madison. Bucky has to order her hot dogs, buns, mustard, relish, and all other condiments in bulk, as well as pay taxes, licensing fees, and other small business expenses. Therefore, Bucky has a relatively large 'sunk' cost associated with her business, averaging out to \( \$ 950 \) per week just to keep the cart open. The cost of producing hot dogs is given by the equation: \(C ( x ) = 950 + 0.45 X\).
1. Bucky wants to figure out how much to charge a customer for a hot dog if she wishes to make a \( \$ 0.75 \) profit on each hot dog sold. Suppose Bucky sold \( 150 \) hot dogs in a week.
C(150)=1017.5
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