Tuesday

September 2, 2014

September 2, 2014

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

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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