The cost function for a company is C(x) = 90x + 1,800, where x is the number of bicycles produced at a cost of $90 each. How many bicycles can be produced for $3,780?
If the total cost of production can be explained with the function [tex]C(X)=1.800+90X[/tex], then when this total cost equals $3.780, we know that [tex]3.780=1.800+90X[/tex].
Subtracting 1.800 both sides of the equation yields [tex]1.980=90X[/tex].
Finally, dividing both sides by 90 gives us the value of X=22.
