Applied Calculus
posted by Darlene
In deciding whether o r not to setup a new manufacturing plant, analysts for a popcorn company have decided that a linear function is a reasonable estimations for the total cost C(x) in dollars to produce x bags of microwave popcorn. They estimate the cost to produce 10000 bags as $5380 and the cost to produce 15000 bags as $7690. Find the marginal cost of the bags of microwave popcorn to be produced in this plant

Mgraph
C(x)=ax+b
a*10000+b=5380
a*15000+b=7690
Respond to this Question
Similar Questions

math,help
how do i set this up...i need help in the set up... In deciding whether or not to set up a new manufacturing plant, analysts for a popcorn compnay ave decided that a linear function is a reasonable estimation for the total cost c(x)in … 
calculus
In your new job as a strategic planner at BusCalcInc, you have been asked to evaluate a proposal for manufacturing a new product. Other analysts have determined that a linear function is a reasonable estimate for the total cost C(x) … 
Math
Moira paid $4.50 for a movie and 2 bags of popcorn. All together she spent 6 dollars. What's the cost for a bag of popcorn? 
Business Mathematics
A hypothetical car manufacture company makes its best selling car at its two plants in Windhoek. At the first plant, the unit cost is N$ 3.60, and the fixed cost is N$ 1260. At the second plant, the unit cost is N$ 3.30, and the fixed … 
Applied Calc 2
he marginal cost function for a manufacturing company is given by dollars per box, where q is the number of boxes manufactured. If , find the total cost of manufacturing 10 boxes. Round to the nearest dollar. 
Applied Calc 2
the marginal cost function for a manufacturing company is given by dollars per box,c'(q)=q^210q+30 where q is the number of boxes manufactured. If , find the total cost of manufacturing 10 boxes. Round to the nearest dollar. 
PreCal
The total cost (in thousands of dollars) of a machine manufacturing unit is given by the function T(x) = 300 + 5x, where x is the number of machines produced. What is the average cost (in thousands of dollars) of manufacturing 200 … 
Accounting
Cherry Hill Glass Company employs a normal costing system. The following information pertains to the year just ended. • Total manufacturing costs were $1,420,000. • Cost of goods manufactured was $1,391,000. • Applied manufacturing … 
Accounting
Cherry Hill Glass Company employs a normal costing system. The following information pertains to the year just ended. • Total manufacturing costs were $1,420,000. • Cost of goods manufactured was $1,391,000. • Applied manufacturing … 
business calc
the marginal cost function for a manufacturing company is given by dollars per box,c'(q)=q^210q+30 where q is the number of boxes manufactured. If , find the total cost of manufacturing 10 boxes. Round to the nearest dollar.