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7 July, 08:24

Caroline owns a shoe boutique. Her shop's fixed costs for one week are $350, and the variable costs are $7 per shoe. Write the average cost per shoe, C, as a function of the number of shoes sold in one week, s.

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  1. 7 July, 08:42
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    C (s) = 350 + 7s.

    The fixed costs, 350, are added to the variable costs per shoe; $7 per shoe is written as 7s.
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