SOLUTION: Please help. Business and finance. The cost of producing a number of items x is given by C = mx + b in which b is the fixed cost and m is the variable cost (the cost of produ

Algebra ->  Graphs -> SOLUTION: Please help. Business and finance. The cost of producing a number of items x is given by C = mx + b in which b is the fixed cost and m is the variable cost (the cost of produ      Log On


   



Question 110751: Please help.
Business and finance. The cost of producing a number of items x is given by
C = mx + b in which b is the fixed cost and m is the variable cost (the cost of
producing one more item).
a). If the fixed cost is $40 and the variable
cost is $10, write the cost equation.
(b). Graph the cost equation
Thanks
JMS

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