|March 8th, 2017, 04:44 PM||#1|
Joined: Feb 2016
Sorry if I already submitted this.
I have be explained that this is another time that the y=mx+b
I am not sure if I use the numbers that They already gave us in the problem or get the y or b somewhere else?
Thanks for the help!
|March 8th, 2017, 04:56 PM||#2|
Joined: Jul 2011
two points on a line ...
(3,885) and (22,1550)
can you write an equation in the form $y=mx+b$ using those two points?
what does the y-intercept represent?
|March 9th, 2017, 10:55 AM||#4|
Joined: Dec 2006
No, as that is arithmetically incorrect.
As found already, the (marginal) cost per chair is \$35.
Hence the total cost for 0 chairs is \$885 - 3 * \$35 = \$780.
That is the startup cost.
The linear equation amounts to C = startup cost + x * \$35.
Calculate that for x = 15 to find the total cost of making 15 chairs.
|Thread||Thread Starter||Forum||Replies||Last Post|
|How to edit a post that has been submitted?||alan0354||New Users||3||June 19th, 2013 08:23 AM|