SOLUTION: Assume that the situation can be expressed as a linear cost function. Find the cost function. Fixed cost is $100; 20 items cost $900 to produce. The linear cost is?

SOLUTION: Assume that the situation can be expressed as a linear cost function. Find the cost function. Fixed cost is $100; 20 items cost $900 to produce. The linear cost is?

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Question 1059037: Assume that the situation can be expressed as a linear cost function. Find the cost function. Fixed cost is $100; 20 items cost $900 to produce. The linear cost is?

Answer by Boreal(15235) (Show Source): You can put this solution on YOUR website!
C=100+x*production cost
900=100+20*production cost
800=20*production cost
production cost is $40 per item
C=40x+100, where C is total cost and x is the number of items produced.
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