document.write( "Question 231853: directions: For this situation, find a linear model and use it to make a prediction.\r
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\n" ); document.write( "\n" ); document.write( "situation: The cost of producing 4 units is $204.80. The cost of producing 8 units is $209.60. How much does it cost to produce 12 units?
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Algebra.Com's Answer #171487 by stanbon(75887)\"\" \"About 
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The cost of producing 4 units is $204.80. The cost of producing 8 units is $209.60. How much does it cost to produce 12 units?
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\n" ); document.write( "You have two points: (4,205.80) and (8,209.60)
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\n" ); document.write( "slope = (209.60-205.80)/(8-4) = 3.80/4 = 0.95
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\n" ); document.write( "Form: y = mx+b
\n" ); document.write( "You know m = 0.95 and y = 205.80 when x = 4 ; solve for \"b\":
\n" ); document.write( "205.80 = 0.95*4 + b
\n" ); document.write( "b = 202.00
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\n" ); document.write( "C(x) = 0.95x + 202.00
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\n" ); document.write( "How much does it cost to produce 12 units?
\n" ); document.write( "C(12) = 0.95*12 + 202
\n" ); document.write( "C(12) = $213.40
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\n" ); document.write( "Cheers,
\n" ); document.write( "Stan H.
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