document.write( "Question 119686: 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.\r
\n" ); document.write( "\n" ); document.write( "Thanks
\n" ); document.write( "

Algebra.Com's Answer #87717 by josmiceli(19441)\"\" \"About 
You can put this solution on YOUR website!
Plot \"C\" on the y-axis \"x\" on the x-axis
\n" ); document.write( "The equation, if linear, will be of the form
\n" ); document.write( "\"y+=+mx+%2B+b\", \"m\" is the slope.
\n" ); document.write( "I'm given 2 points on the line, they are:
\n" ); document.write( "P1(100, 10000)
\n" ); document.write( "P2(300,22000)
\n" ); document.write( "Now I need to find the slope, \"m\" of the line
\n" ); document.write( "connecting these points
\n" ); document.write( "\"m+=+%28y%5B2%5D+-+y%5B1%5D%29+%2F+%28x%5B2%5D+-+x%5B1%5D%29\"
\n" ); document.write( "\"m+=+%2822000+-+10000%29+%2F+%28300+-+100%29\"
\n" ); document.write( "\"m+=+12000+%2F+200\"
\n" ); document.write( "\"m+=+60\"
\n" ); document.write( "So far I have \"C+=+60x+%2B+b\" where \"b\" is the y-intercept
\n" ); document.write( "The slope-intercept formula is:
\n" ); document.write( "\"m+=+%28y+-+y%5B1%5D%29+%2F+%28x+-+x%5B1%5D%29\"
\n" ); document.write( "\"60+=+%28y+-+10000%29+%2F+%28x+-+100%29\"
\n" ); document.write( "\"60%28x+-+100%29+=+y+-+1000\"
\n" ); document.write( "\"60x+-+6000+=+y+-+10000\"
\n" ); document.write( "\"y+=+60x+%2B+4000\" or,replacing \"y\" with \"C\",
\n" ); document.write( "\"C+=+60x+%2B+4000\" answer
\n" ); document.write( "check:
\n" ); document.write( "when \"x=0\", \"C+=+4000\"
\n" ); document.write( "This is a new point, P3(0,4000}. Using this point, do I
\n" ); document.write( "still get \"m=60\"?
\n" ); document.write( "\"m+=+%28y%5B2%5D+-+y%5B1%5D%29+%2F+%28x%5B2%5D+-+x%5B1%5D%29\"
\n" ); document.write( "\"m+=+%2810000+-+4000%29+%2F+%28100+-+0%29\"
\n" ); document.write( "\"m+=+6000+%2F+100\"
\n" ); document.write( "\"m+=+60\"
\n" ); document.write( "OK
\n" ); document.write( "
\n" );