Question
The cost y to produce x items is, in some cases, expressed as y=mx+b. The number b gives the fixed cost ( the cost that
The cost y to produce x items is, in some cases, expressed as y=mx+b. The number b gives the fixed cost ( the cost that is the same no matter how many items are produced), and the number m gives the variable cost (the cost to produce an additional item).
The fixed cost is 900$.
Type and integer or decimal.
What is the variable cost?
The variable cost is 0.23$
Type and integer or decimal.
The cost equation.
The cost equation is y=0.23x +900
(Use integers or decimals for any numbers in the expression. Type your answer in slope-intercept form.
What will be the cost to produce 800 campaign buttons. Based on the cost equation?
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