Satellite TV manufacturing businesses tend to have what economists call “economies of scale” when economies of scale exist, bigness can be its own reward.
The more TV’s you manufacture in a single Run, lower the cost per unit, which in turn increases your bottom-line margin.
Keeping that in mind, a TV manufacturing company increases its production uniformly by fixed number every year. The company produces 8000 TV sets in the sixth year and 11300 sets in the ninth year.
On the basis of the above information, answer the following questions:
1. The company's Total production of the first six years is:
2. The company's production increases every year by:
3. In which year the company's production is 9100 sets?
Answers
Answer:
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