SOLUTION: I need help with linear model the cost of producing 4 units is 204.80 the cost of producing 8 units is 209.60 how much does it cost to produce 12 units

SOLUTION: I need help with linear model the cost of producing 4 units is 204.80 the cost of producing 8 units is 209.60 how much does it cost to produce 12 units

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Question 158618This question is from textbook
: I need help with linear model
the cost of producing 4 units is 204.80 the cost of producing 8 units is 209.60 how much does it cost to produce 12 units This question is from textbook

Answer by checkley77(12844) (Show Source): You can put this solution on YOUR website!
(209.6-204.8)/(8-4)=4.8/4=1.2 is the cost per unit over 4 units.
209.6+4*1.2=209.6+4.8=$214.40 is the cost to produce 12 units.
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