A product may be made using Machine I or Machine II. The manufacturer estimates that the monthly fixed costs of using Machine I are $17,000, whereas the monthly fixed costs of using Machine II are $14,000. The variable costs of manufacturing 1 unit of the product using Machine I and Machine II are $13 and $19, respectively. The product sells for $60 each.

(a) Find the cost functions C(x) associated with using each machine, where x is the number of units produced using that machine.

Machine I C1(x) = 17000 + 13x

Machine II C2(x) = 14000 + 19x

Graph the following equations,

1 answer

y = 17000 + 13x

y = 14000 + 19x