Linear Cost Function

[lizzpalmer]

Here is my problem:

Fixed Cost $2000; 36 Units cost $8480

Find the Linear Cost Function

This is what I've got:

8480=36(x) + 2000

6489 = 36(x)

180 = x

Therefore: cost = 180x + 2000

Would this be the right answer?

 

[Deleted member 4993]

Here is my problem:

Fixed Cost $2000; 36 Units cost $8480

Find the Linear Cost Function

This is what I've got:

8480=36(x) + 2000

6489 = 36(x)

180 = x

Therefore: cost = 180x + 2000

Would this be the right answer?

Other than using "x" for two different variables - your work is correct.

 

[lizzpalmer]

Thank you!