Question 1166761: Joseph is in the business of manufacturing phones. He must pay a daily fixed cost of $1000 to rent the building and equipment, and also pays a cost of $50 per phone produced for materials and labor. Make a table of values and then write an equation for C, in terms of p, representing total cost, in dollars, of producing p phones in a given day.
Found 2 solutions by Theo, josgarithmetic:
Answer by Theo(13342)   (Show Source):
You can put this solution on YOUR website! the daily fixed cost is 1000 dollars.
the per phone cost is 50 dollars per phone.
the total cost for the day is equal to 1000 + 50p.
p represents the number of phones produced for the day.
when C represents the total cost, the equation is:
C = 1000 + 50p.
when p = 1, C = 1000 + 50 * 1 = 1050
when p = 10, C = 1000 + 50 * 10 = 1500
when p = 50, C = 1000 + 50 * 50 = 3500
when p = 100, C = 1000 + 50 * 100 = 6000.
the equation can be graphed as shown below:
you can make a table of values.
you just have to decide what values you want to be in the table.
the equation tells you the total cost for the day, depending on the number of phones produced.
Answer by josgarithmetic(39627)  (Show Source):
You can put this solution on YOUR website! -----------------------------------------------------------------------
He must pay a daily fixed cost of $1000 to rent the building and equipment, and also pays a cost of $50 per phone produced for materials and labor. Make a table of values and then write an equation for C,...
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To graph that, the vertical axis intercept is 1000 and the slope is 50. p is on the horizontal axis. Cost C is vertical axis.
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