SOLUTION: 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
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-> SOLUTION: 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
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Question 64272: 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. Answer by funmath(2933) (Show Source):
You can put this solution on YOUR website! 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=40 and m=10
C(x)=10x+40
:
(b) Graph the cost equation.
Happy Calculating!!!!
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