Give a linear equation in the form
that gives the total cost,
, to produce
of these toys:
A.)
010000
B.) The total cost to produce n = 1750 of these toys is: $10,000.
C.) With $71,150 a total of 100,000 toys can be produced.
From B.), 10,000 = 1750m + b
From C.), 71,150 = 100,000m + b
Subtracting the equations gives us,
61,150 = 98,250m
m = 61159/98250 = 1223/1965
m = 0.62239
Using m = 0.6229 fives b = 8,910.8
The required equation is: C = 0.6229m + 8910.8