A woodworker sells rocking horses. His start-up costs, including tools, plans, and advertising, total $5000. Labor and materials for each horse cost $350. (a) Calculate the woodworkers total cost, C, to make 1, 2, 5, 10, and 20 rocking horses. Graph C against n, the number of rocking horses that he carves. (b) Find a formula for C in terms of n. (c) What is the rate of change of the function C? What does the rate of change tell us about the woodworkers expenses?
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