Answer:
[tex]C(x)=300x+200,000[/tex]
Step-by-step explanation:
Let x represent number of mountain bikes.
We have been given that it will cost $300 to produce each bicycle. So cost of producing x bikes would be [tex]300x[/tex].
We are also told that the fixed monthly cost will be $200,000, so total cost of producing x bikes would be [tex]300x[/tex] plus fixed charges.
[tex]C(x)=300x+200,000[/tex]
Therefore, our cost function would be [tex]C(x)=300x+200,000[/tex].