Answer:
C(x) = 7.5k + 2400 is the expense equation.
Step-by-step explanation:
The fixed cost per month = $2,400
Cost of producing each shoe = $7.5
Here, let k be the number of shoes produced per month .
So, the monthly expense
= Fixed Cost + (Number of shoes produced per month x Cost per shoe)
or, C(x) = $2,400 + ( k x $7.5)
or, C(x) = 7.5k + 2400 is the expense equation.