Thursday

July 24, 2014

July 24, 2014

Posted by **jasmine20** on Friday, December 22, 2006 at 8:10pm.

Problem:

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.

(b)Graph the cost equation.

My answer:

For (A) C = 10x + 40

FOr (B) how do i graph this?

graph it like a normal line in y=mx+b form. it has a slope 10 and y-intercept of 40.

i wasn't sure if thats how i was suppost to look at it. thanks so much.

**Related Questions**

business and finance - The cost of producing a number of items x is given by C=...

math,algebra,help - Problem states: Business and finance. The cost of producing ...

algebra help - The cost of producing a number of items x is given by: C = mx + b...

algebra help please - Business and finance. The cost of producing a number of ...

algebra - The cost of producing a number of items x is given by C = mx + b, in ...

word problems in algebra - The cost of producing a number of items x is given by...

Math - average rate problems(check + help) - The total cost, c, in dollars of ...

math - Suppose the cost of producing x items is given by C(x)=1000-x^3, and the ...

math - At a production level of 1400 items, the total cost is $7250 and the ...

Business Calculus - A manufacturer has found that marginal cost is dc/dx=3x^2-...