To analyze the cost structure from the data you provided, we can break down the components of the total cost into two parts:
- The fixed cost of the jar.
- The variable cost based on the number of ounces of spices.
From the table:
- At 0 ounces, the total cost is $5.00. This likely represents the fixed cost of the jar.
- As you buy more ounces of spices, the total cost increases.
Let's calculate the cost per ounce of spice using the data points:
-
For 2 ounces: \[ \text{Total cost} = $14.00 \] \[ \text{Cost of spices} = $14.00 - $5.00 = $9.00 \] \[ \text{Cost per ounce} = \frac{9.00}{2} = $4.50 \]
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For 4 ounces: \[ \text{Total cost} = $23.00 \] \[ \text{Cost of spices} = $23.00 - $5.00 = $18.00 \] \[ \text{Cost per ounce} = \frac{18.00}{4} = $4.50 \]
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For 10 ounces: \[ \text{Total cost} = $50.00 \] \[ \text{Cost of spices} = $50.00 - $5.00 = $45.00 \] \[ \text{Cost per ounce} = \frac{45.00}{10} = $4.50 \]
From your data, we can conclude:
- The fixed cost of the jar is $5.00.
- The cost per ounce of spices is $4.50.
If you want to express the total cost \( C \) as a function of ounces \( x \) of spices, it would be: \[ C(x) = 5 + 4.5x \]
This equation can be used to calculate the total cost for any number of ounces of spices.