Ask a New Question

Problem states:

Business and finance. The cost of producing a number of items x is given by C = mx + b, in which b is the fixed cost and m is the variable cost (the cost of producing one more item).
(a)If the fixed cost is $40 and the variable cost is $10, write the cost equation.

My equation answer for par A is:
C = 10x + 40

Ask a New Question or answer this question.

Similar Questions

I did the first part how would i graph it.Problem: Business and finance. The cost of producing a number of items x is given by C
1. 0 answers
The cost to produce x items is given by the function C(x) = 1200 + 8x + 0.01x^2.a) Write a function that represents the average
1. 2 answers
Personal Finance school can you check my answers?1. The two components of are variable costs and fixed costs. Entire cost Total
1. 11 answers
A company manufactures x units of one item and y units of another. The total cost in dollars, C, of producing these two items is
1. 2 answers

more similar questions