SOLUTION: Hello again. Thank you to nerdybill for the last answer, that was written in a way that was easy to understand. I am so confused about this one. I have an answer, but I am not sure
Algebra.Com
Question 169183: Hello again. Thank you to nerdybill for the last answer, that was written in a way that was easy to understand. I am so confused about this one. I have an answer, but I am not sure it's right.
The costs of doing business for a company can be found by adding fixed costs, such as rent, insurance, and wages, and variable costs, which are the costs to purchase the product you are selling. The portion of the company’s fixed costs allotted to this product is $300, and the supplier’s cost for a set of tile is $6 each. Let x represent the number of tile sets. If b represents a fixed cost, what value would represent b and find the cost equation for the tile. Write your answer in the form C = mx + b.
Answer by nerdybill(7384) (Show Source): You can put this solution on YOUR website!
You're welcome!
.
Basically, it's:
"Cost" = "cost of tile sets" + "fixed costs"
.
The problem gives you the "fixed costs" as $300
and
the "cost of tiles sets" is $6 for each "tile set"
So, if 'x' is the number of "tile sets" it would be:
6x
.
Pulling it all together:
C = 6x + 300 (this is what they're looking for)
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