document.write( "Question 117675: 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 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" );
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Algebra.Com's Answer #85672 by stanbon(75887)![]() ![]() ![]() You can put this solution on YOUR website! 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 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( "------------ \n" ); document.write( "You want C as a function of x. \n" ); document.write( "You have two points relating x and C: \n" ); document.write( "(100,10000) and (300,22000) \n" ); document.write( "------------ \n" ); document.write( "slope = (22000-10000)/(300-100) = 12000/200 = 60 \n" ); document.write( "------------ \n" ); document.write( "C = mx + b \n" ); document.write( "10000 = 60*100 + b \n" ); document.write( "b = 10000 - 6000 \n" ); document.write( "b = 4000 \n" ); document.write( "EQUATION: \n" ); document.write( "C(x) = 60x+4000 \n" ); document.write( "================== \n" ); document.write( "Cheers, \n" ); document.write( "Stan H. \n" ); document.write( " |