SOLUTION: hi can you please, guide me on how to solve this problem please: i am not sure how to set up the equation. this is the problem A company that manufactures bicycles has a fixed c

Question 615147: hi can you please, guide me on how to solve this problem please: i am not sure how to set up the equation. this is the problem
A company that manufactures bicycles has a fixed cost of $90000. It costs $110 to produce each bicycle. The total cost for the company is the sum of its fixed costs and variable costs. First write the total cost, , as a function of the number of bicycles produced, . Don't put commas in your numbers (e.g., enter 10000 instead of 10,000
Answer by lwsshak3(11628) (Show Source): You can put this solution on YOUR website!
A company that manufactures bicycles has a fixed cost of $90000. It costs $110 to produce each bicycle. The total cost for the company is the sum of its fixed costs and variable costs. First write the total cost, , as a function of the number of bicycles produced
**
The formula to be used is that of a straight line.
Its standard form: y=mx+b, m=slope, b=y-intercept
For given problem:
m=110/bicycle
b=y-intercept=90000
x=number of bicycles produced
Equation for total cost: y=$110x+$90000
RELATED QUESTIONS
Y=2/3x and Y=-2/7x+4/7 I am not even sure how to set this up. Do I need to have the... (answered by phillv)

I had this questions on a clep prep study guide and am not sure how to solve it. If 1n (answered by Alan3354)

I am working on this problem. I am trying to set it up correctly. The difference of two (answered by jim_thompson5910)

I am working on this problem. I am trying to set it up correctly. The difference of two (answered by scott8148)

The directions say: Solve the equation. The problem is 21z^2+85Z-26=0. I am stuck on... (answered by stanbon)

I wasn't sure where to put this because my text is Inequalities, Permutations, and... (answered by CharStar,Levski123)

I wasn't sure where to put this because my text is Inequalities, Permutations, and... (answered by longjonsilver)

Please Help me solve this problem f(x)=5x^2-8x g(x)=x^2-3x-40 Find f/g(x) I know (answered by stanbon)

What is the solution for this square root equation? sqrt (5x-5) - sqrt (4x-3 =1) I... (answered by Fombitz,Jk22)