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The cost of pro
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Question 42725:
The cost of producinga 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)
graph the cost equation.
C = mx+b
m=10
b=40
so
x=10x+40
Answer by fractalier(6550) (Show Source): You can put this solution on YOUR website!
You wish to graph
C = 10x + 40
Notice that if x = 0, then C = 40
That's your first point...(0, 40)
Now what if x = 1?
Well, then C = 50
That's your next point...(1, 50)
x = 2? C = ?
x = 3? C = ?
Connect them and you're done...
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