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Given the cost formula, y = $7,000 + $1.80x, total cost for an activity level of 4,000 units would be:
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Jan 19, 2018
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Given the cost formula, y = $7,000 + $1.80x, total cost for an activity level of 4,000 units would be:
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Manvir
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The total cost for this certain activity level can be calculated by substituting 4000 to the x of the equation given above,
y = 7000 + 1.8(4000)
y = 14200
Thus, the total cost of the activity level is $14,200.
Ali Emili
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Jan 26, 2018
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Ali Emili
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