The Mathematical model C(x)=100x+20,000 represents the cost in dollars a company
has in manufacturing x item during a month.
Your question is?
How do I solve this? I don't even know where to begin.
The Mathematical model C(x)=100x+20,000 represents the cost in dollars a company
has in manufacturing x item during a month. Base on this, how much it does it cost to
produce 700 item?
Sorry, I did not put the whole question up
Actually, Maybe I've got it. Is it 100(700)+20000=90,000
It will cost $90,000 to make 700 items.
Correct, well done!
To find the cost of manufacturing a specific number of items during a month using the given mathematical model, you can substitute the value of x into the equation C(x) = 100x + 20,000.
For example, if you want to find the cost of manufacturing 50 items during a month, you would substitute x = 50 into the equation:
C(50) = 100 * 50 + 20,000
Now, let's solve this equation.
C(50) = 100 * 50 + 20,000
C(50) = 5,000 + 20,000
C(50) = 25,000
Therefore, the cost of manufacturing 50 items during a month would be $25,000.