Mathematics

11 March, 16:16

The function f (x) = 80,000 + 0.2x/x yields the average cost in dollars for a company to produce x copies of comic book. Which statement best fits the situation modeled by the function?

The company earns 20% of the issue price as profit for each copy sold.

The company earns. 20 cents as profit for each copy sold.

The company spends 20% of the issue price on materials to produce each copy.

The company spends 20 cents on materials to produce each copy.

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