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July 24, 2014

July 24, 2014

Posted by **Amie** on Sunday, February 19, 2012 at 12:23am.

C(x)= (what formula do I use to get the cost function, because I can't get it)

What was the cost to manufacture each additional Xbox? (Do I need the cost function to solve this?)

Use the cost function to estimate the cost of manufacturing 60 Xboxes.(Do I just plug it in the cost function?)

Thank you.

- Math -
**Steve**, Sunday, February 19, 2012 at 11:31amif m = cost/unit and b = fixed cost,

c = mx+b

8290 = 14m + b

4300 = 7m + b

so,

3990 = 7m

m = 570

b = 310

cost c = 570x + 310

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