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A manufacturer of small glass figurines discovers that it costs $ 1400 for a production run of 1300 and $ 2100 for a production run of 2100 . Assuming that cost is a linear function of the number of items, find the overhead and the marginal cost of a figurine. The overhead is? The marginal cost is?
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I found the overhead. It's 5075/2. The marginal cost should be 7/8, but WebWorks(online homework program where I submit these answers) tells me it isn't. Any ideas?
@satellite73 Hey... if you're not busy can you help me out? :)
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