document.write( "Question 24908: Business and finance. 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. \n" ); document.write( "
Algebra.Com's Answer #13410 by stanbon(75887)![]() ![]() ![]() You can put this solution on YOUR website! You have two points: (100,10000) and (300,22000) \n" ); document.write( "The equation of the relationship will be C=mx+b \n" ); document.write( "Find \"m\": m = [22000-10000]/[300-100]= 12000/200= 60 \n" ); document.write( "You now have x=100 when C=10000, and m=60 \n" ); document.write( "Put those into the form C=mx+b to find \"b\". \n" ); document.write( "10000=60(100)+b \n" ); document.write( "10000=6000+b \n" ); document.write( "b=4000 \n" ); document.write( "The equation you want is C=60x+4000\r \n" ); document.write( "\n" ); document.write( "Cheers, \n" ); document.write( "Stan H. \n" ); document.write( " |