Monday

April 21, 2014

April 21, 2014

Posted by **Rebekah** on Wednesday, January 25, 2012 at 10:29pm.

- Quantitative analysis -
**Reiny**, Wednesday, January 25, 2012 at 10:44pmtreat your data as two ordered pairs

( 350 , 11500) and (420 , 12900)

find the equation like you would given any two ordered pairs,

i.e.

find the slope etc

- Quantitative analysis -
**Damon**, Wednesday, January 25, 2012 at 10:44pmcost = slope (number of units) + constant

y = m x + b

11500 = 350 m + b

12900 = 420 m + b

solve for m and b by elimination or substitution

**Related Questions**

Economics - In the short run a firm needs six units of labor to produce eight ...

Quantitative Analysis - Decision rules in quantitative analysis are set by...? A...

Project Management - Evaluating the Two Methods of Risk Analysis Explain how the...

Quantitative Analysis - To make meaningful causal inferences when conducting ...

Cost accounting - Gary corporation has developed the following flexible budget ...

econ - Suppose the economy consists of two types of firms: Type A firms which ...

Economics - Suppose the economy consists of two types of firms: Type A firms ...

Mathematics in Economy - A firm produces two different kinds A and B of a ...

Economics - The production engineers at Impact industries have derived the ...

economics - The graph on the left shows the short-run marginal cost curve for a ...