SOLUTION: Can someone help me on this problem? 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

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Question 56781This question is from textbook Beginning Algebra
: Can someone help me on this problem?
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.
Thanks,
Sher
This question is from textbook Beginning Algebra

Answer by funmath(2933) About Me  (Show Source):
You can put this solution on YOUR website!
Hi Sher,
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.
Let (x1,C1)=(100,10000) Notice, I'm letting C=y and using the formulas that you've already used.
Let (x2,C2)=(300,22000)
Find their rate, or slope using: m=%28C2-C1%29%2F%28x2-x1%29
m=%2822000-10000%29%2F%28300-100%29
m=12000%2F200
m=60
Use the point slope formulaC-C1=m%28x-x1%29
C-10000=60%28x-100%29
C-10000=60x-6000
C-10000%2B10000=60x-6000%2B10000
C=60x%2B4000
Another way to write this is:
C%28x%29=60x%2B4000
Happy Calculating, Sher!!!