SOLUTION: Write a cost function for the problem. Assume that the relationship is linear. Fixed cost, $ 100; 5 items cost $ 1790 to produce A) C(x) = 676x + 100 B) C(

Algebra.Com
Question 456479: Write a cost function for the problem. Assume that the relationship is linear.
Fixed cost, $ 100; 5 items cost $ 1790 to produce

A)

C(x) = 676x + 100

B)

C(x) = 338x + 100

C)

C(x) = 338x + 1790

D)

C(x) = 676x + 1790

Answer by richard1234(7193)   (Show Source): You can put this solution on YOUR website!
Since the fixed cost is $100, we know that if we make zero items (x = 0), then the cost is $100. Hence, only one of A or B is correct. If we replace x = 5 into both cost functions, we see that answer choice B satisfies C(5) = 1790. So choice B is correct.
RELATED QUESTIONS

Assume that the situation can be expressed as a linear cost function. Find the cost... (answered by Boreal)
can someone help me with this problem: Write a cost function for the problem. Assume... (answered by sata001)
FIXED COST IS $200; 60 ITEMS COST $1,400 TO PRODUCE. The linear cost function... (answered by greenestamps)
can someone please help: Write a cost function for the problem. Assume that the... (answered by midwood_trail)
Question: Write a cost function for the problem. Assume that the relationship is linear. (answered by watchmath)
#24 Marginal Cost of Coffee The manager of a restaurant found that the cost to produce... (answered by stanbon)
I am in straight panic mode and can't figure this out The following amounts represent... (answered by Theo)
Problem: The cost of producing a number of items x is given by C=mx+b , in which b is... (answered by renevencer22)
Problem: The cost of producing a number of items x is given by C=mx+b , in which b... (answered by renevencer22)