SOLUTION: In planning for a new item, a manufacturer assumes that the number of items produced x and the cost in dollars C of producing these items are related by a linear equation. Projecti
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Question 44869: In planning for a new item, a manufacturer assumes that the number of items produced x and the cost in dollars C of producing these items are related by a linear equation. Projections are that 100 items will cost $10,000 to produce and that 300 items will cost $22,000 to produce. Find the equation that
relates C and x.
Answer by Nate(3500) (Show Source): You can put this solution on YOUR website!
x-values are the amount of items
y-values are the cost
(100,10000) and (300,22000)
M = (y2 - y1)/(x2 - x1) = (22000 - 10000)/(300 - 100) = 12000/200 = 60
Point-Slope Form
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