SOLUTION: THE COST OF PRODUCING A NUMBER OF ITEMS x IS GIVEN BY C = mx + b, IN WHICH
b IS THE FIXED COST AND m IS THE VARIABLE COST (THE COST OF PRODUCING ONE MORE ITEM).
1. IF THE
Algebra.Com
Question 108388: THE COST OF PRODUCING A NUMBER OF ITEMS x IS GIVEN BY C = mx + b, IN WHICH
b IS THE FIXED COST AND m IS THE VARIABLE COST (THE COST OF PRODUCING ONE MORE ITEM).
1. IF THE FIXED COST IS $40 AND THE VARIABLE COST IS $10, WRITE THE COST EQUATON.
2. GRAPH THE COST EQUATION.
THANKS
JMS
Answer by Fombitz(32388) (Show Source): You can put this solution on YOUR website!
a.)
b.) At x=0, C=40
At x=20, C=240
RELATED QUESTIONS
The cost of producing a number of items x is given by C=mx+b, in which b is the fixed... (answered by fractalier,venugopalramana)
Business and Finance. The cost of producing a number of items x is given by C= mx + b,... (answered by fractalier)
The cost of producing a number of items x is given by
C = mx = b, in which b is the... (answered by funmath)
Business and finance. The cost of producing a number of items x is given by
C= mx +b, in (answered by stanbon)
Please help.
Business and finance. The cost of producing a number of items x is given... (answered by edjones)
THE COST OF PRODUCING A NUMBER OF ITEMS X IS GIVEN BY C = MX + B, IN WHICH B IS THE FIXED (answered by josmiceli)
The cost of producing a number of items x is given by C=mx + b, in which b is the fixed... (answered by venugopalramana)
Business and finance. The cost of producing a number of items x is given by
C = mx + b, (answered by funmath)
The cost of producing a number of items x is given by C=mx+b, in which b is the fixed... (answered by funmath)