SOLUTION: 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 i
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-> SOLUTION: 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 i
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Question 55900: 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 please.
Thank you
You can put this solution on YOUR website! 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 please.
Thank you
The fixed cost ($40) is b and the variable cost ($10) is m.
C=10x+40
Happy Calculating!!!
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