Thursday

August 28, 2014

August 28, 2014

Posted by **Jessica** on Monday, April 20, 2009 at 12:33am.

- Math -
**Reiny**, Monday, April 20, 2009 at 7:58amLook at it as being given two ordered pairs

(100,750) and (150,1050)

let's find the equation in the form

y = mx + b, (b will be the fixed cost and m the cost per student)

slope = m = (1050-750)/(150-100) = 6

using (100,750) ...

750 = 6(100) = b

b = 150

then y = 6x + 150

(check: if x = 150, y = 6(150) + 150 = 1050 , YEAH

so the fixed cost is $150, cost per student is $6

**Related Questions**

accounting - Richard Hamilton has a fast - food franchise and must pay a ...

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

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

accounting - # 1 Takers,Inc.provide the following results: 2004 2003 Units 2,400...

FIU - (1)You are preparing a budget for the month of January and are trying to ...

Algebra Splitting the Cost - The cost of renting a bus to go snowboarding was ...

Algebra word problem/Splitting the Cost - The cost of renting a bus to go ...

math - I did the first part how would i graph it. Problem: Business and finance...

micro economics - Consider a firm that has a fixed cost of $60 a minute. output=...

Math - A manufacturer produces certain devices. The fixed cost of production is...