The function f(x) = 80,000 + 0.2x/x yields the average cost in dollars for a company to produce x copies of comic book. which statement best fits the situation modeled by the function?

the company earns 20% of the issue price as profit for each copy sold.
the company earns .20 cents as profit for each copy sold.
the company spends 20% of the issue price on materials to produce each copy.
the company spends 20 cents on materials to produce each copy.

Option D is correct.

Company spends 20 cents on materials to produce each copy

Step-by-step explanation:

Given the function:

where

f(x) represents the average cost in dollars for a company

x represents the number of copies of comic produced by company.

Total cost in dollars for a company =  80,000 + 0.2x

Since, x is the number of copies of comic produced ,

0.2x indicates that it spends $0.2 on material to produce each copy.

Use conversion:

1 dollars = 100 cents

0.2 dollars = 20 cents.

therefore, the company spends 20 cents on material to produce each copy.

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