Determine total daily cost of producing picnic tables
Small company manufactures picnic tables. Weekly fixed cost is $1, 200 and variable cost is $45 per table. Determine total daily cost of producing x picnic tables. How many picnic tables can be made for the total weekly cost of $4, 800?
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A college dean of students services feels that this is too high for her university, so she randomly chooses 50 students and finds out that 40 of them employ credit cards. Using ? = 0.05, is she correct regarding her university?
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Determine total daily cost of producing x picnic tables. How many picnic tables can be made for the total weekly cost of $4, 800?
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