document.write( "Question 165387: This is my problem and I believe I have the answer (C(x))=3x+27,000 but I don't know the proper process for illustrating this. Please help!\r
\n" ); document.write( "\n" ); document.write( "# If the relationship between the total cost and the number of units produced is linear and if the total cost increases by $3 for each additional unit made:\r
\n" ); document.write( "\n" ); document.write( " 1. Find the equation of the total cost function C(x) using the fact that C(1,000) = 30,000 (dollars) where x is the number of units produced.
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Algebra.Com's Answer #121890 by jim_thompson5910(35256)\"\" \"About 
You can put this solution on YOUR website!
Since the \"total cost increases by $3 for each additional unit made\", this means that the slope is \"m=3\". Also, because C(1,000) = 30,000 , this means that we have the point (1000,30000).\r
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\n" ); document.write( "\n" ); document.write( "So let's find the equation of the line that has a slope of 3 and goes through the point (1000,30000)\r
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\n" ); document.write( "\n" ); document.write( "If you want to find the equation of line with a given a slope of \"3\" which goes through the point (1000,30000), you can simply use the point-slope formula to find the equation:\r
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\n" ); document.write( "\n" ); document.write( "---Point-Slope Formula---
\n" ); document.write( "\"y-y%5B1%5D=m%28x-x%5B1%5D%29\" where \"m\" is the slope, and is the given point\r
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\n" ); document.write( "\n" ); document.write( "So lets use the Point-Slope Formula to find the equation of the line\r
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\n" ); document.write( "\n" ); document.write( "\"y-30000=%283%29%28x-1000%29\" Plug in \"m=3\", \"x%5B1%5D=1000\", and \"y%5B1%5D=30000\" (these values are given)\r
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\n" ); document.write( "\n" ); document.write( "\"y-30000=3x%2B%283%29%28-1000%29\" Distribute \"3\"\r
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\n" ); document.write( "\n" ); document.write( "\"y-30000=3x-3000\" Multiply \"3\" and \"-1000\" to get \"-3000\"\r
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\n" ); document.write( "\n" ); document.write( "\"y=3x-3000%2B30000\" Add 30000 to both sides to isolate y\r
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\n" ); document.write( "\n" ); document.write( "\"y=3x%2B27000\" Combine like terms \"-3000\" and \"30000\" to get \"27000\" \r
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\n" ); document.write( "\n" ); document.write( "Answer:\r
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\n" ); document.write( "\n" ); document.write( "So the equation of the line with a slope of \"3\" which goes through the point (1000,30000) is:\r
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\n" ); document.write( "\n" ); document.write( "\"y=3x%2B27000\" which is now in \"y=mx%2Bb\" form where the slope is \"m=3\" and the y-intercept is \"b=27000\"\r
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\n" ); document.write( "\n" ); document.write( "So in function notation, the cost function is \"C%28x%29=3x%2B27000\". So you are correct.
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