SOLUTION: A chemical company spends $2.2 million to buy machinery before it starts producing chemicals. Then it spends $0.5 million on raw materials for each million liters of chemical produ
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Question 336396: A chemical company spends $2.2 million to buy machinery before it starts producing chemicals. Then it spends $0.5 million on raw materials for each million liters of chemical produced.
Find a formula that expresses the total cost, C, in millions of dollars, as a function of L, the number of million liters produced.
Answer by stanbon(75887) (Show Source): You can put this solution on YOUR website!
A chemical company spends $2.2 million to buy machinery before it starts producing chemicals. Then it spends $0.5 million on raw materials for each million liters of chemical produced.
Find a formula that expresses the total cost, C, in millions of dollars, as a function of L, the number of million liters produced.
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C(L) = 2.2 mill + 0.5(L mill)
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Cheers,
Stan H.
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