document.write( "Question 56998: Business and finance. In planning for a new item, a manufacturer assumes that
\n" ); document.write( "the number of items produced x and the cost in dollars C of producing these items
\n" ); document.write( "are related by a linear equation. Projections are that 100 items will cost $10,000 to
\n" ); document.write( "produce and that 300 items will cost $22,000 to produce. Find the equation that
\n" ); document.write( "relates C and x
\n" ); document.write( "Thank you
\n" ); document.write( "
\n" ); document.write( "

Algebra.Com's Answer #38747 by stanbon(75887)\"\" \"About 
You can put this solution on YOUR website!
Projections are that 100 items will cost $10,000 to
\n" ); document.write( "produce and that 300 items will cost $22,000 to produce. Find the equation that
\n" ); document.write( "relates C and x
\n" ); document.write( "-----------------
\n" ); document.write( "You have two points to work with: (100,10000) and (300,22000)
\n" ); document.write( "You want C=mx+b and need to know m and b:
\n" ); document.write( "m= [22000-10000]/[300-100]=12000/200=60
\n" ); document.write( "Then:
\n" ); document.write( "10000=60(100)+b
\n" ); document.write( "10000=6000+b
\n" ); document.write( "b=4000
\n" ); document.write( "EQUATION:
\n" ); document.write( "Cost=60x+4000
\n" ); document.write( "Cheers,
\n" ); document.write( "Stan H.
\n" ); document.write( "
\n" );