SOLUTION: A chemical company spends $2.2 million to buy machinery before it starts producing chemicals. Then it spends $0.5 million on raw materials for each million liters of chemical produ

Algebra ->  Functions -> SOLUTION: A chemical company spends $2.2 million to buy machinery before it starts producing chemicals. Then it spends $0.5 million on raw materials for each million liters of chemical produ      Log On


   



Question 336396: A chemical company spends $2.2 million to buy machinery before it starts producing chemicals. Then it spends $0.5 million on raw materials for each million liters of chemical produced.
Find a formula that expresses the total cost, C, in millions of dollars, as a function of L, the number of million liters produced.

Answer by stanbon(75887) About Me  (Show Source):
You can put this solution on YOUR website!
A chemical company spends $2.2 million to buy machinery before it starts producing chemicals. Then it spends $0.5 million on raw materials for each million liters of chemical produced.
Find a formula that expresses the total cost, C, in millions of dollars, as a function of L, the number of million liters produced.
----
C(L) = 2.2 mill + 0.5(L mill)
===============================
Cheers,
Stan H.