document.write( "Question 56998: Business and finance. In planning for a new item, a manufacturer assumes that
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document.write( "the number of items produced x and the cost in dollars C of producing these items
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document.write( "are related by a linear equation. Projections are that 100 items will cost $10,000 to
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document.write( "produce and that 300 items will cost $22,000 to produce. Find the equation that
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document.write( "relates C and x
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document.write( "Thank you
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Algebra.Com's Answer #38747 by stanbon(75887)![]() ![]() ![]() 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( " |