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The fixed costs for a certain small business are the costs such as rent or...

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Basic Math

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The fixed costs for a certain small business are the costs such as rent or mortgage payments that the company must pay each month no matter how much business is conducted The variable cost is the hourly wage paid to employees When employees work E hours in a month the total cost is given by C 30E 1300 dollars Identify the fixed costs and the variable cost in the formula for the total cost function Give an exact answer for each Use symbolic notation and fractions where needed fixed costs variable cost dollars per month dollars per hour

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