May 26, 2016

Homework Help: math,algebra,help

Posted by jasmine20 on Tuesday, January 16, 2007 at 10:50pm.

Problem states:

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.

My equation answer for par A is:
C = 10x + 40

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