SOLUTION: The total cost of producing 10 plasma TV's is $1500. The variable cost per TV is $40. Find the rule for the linear cost function. Thank you in advance!

Question 424257: The total cost of producing 10 plasma TV's is $1500. The variable cost per TV is $40. Find the rule for the linear cost function.
Thank you in advance!
Answer by stanbon(75887) (Show Source): You can put this solution on YOUR website!
The total cost of producing 10 plasma TV's is $1500. The variable cost per TV is $40. Find the rule for the linear cost function.
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C(x) = overhead cost + variable cost
1500 = oc + 40x
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overhead cost = 1500-40x
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Cheers,
Stan H.
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