SOLUTION: I am not sure I am working this problem correctly could I please get some help on this word problem? Thank you in advance...
The cost of producing a number of items x is given
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The cost of producing a number of items x is given
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Question 89335This question is from textbook Beginning Algebra
: I am not sure I am working this problem correctly could I please get some help on this word problem? Thank you in advance...
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.
I appreciate any insight you can give me on this problem. This question is from textbook Beginning Algebra