170k views
3 votes
Please help me I don’t know how to solve this :(

Please help me I don’t know how to solve this :(-example-1
User Cherrytree
by
8.0k points

1 Answer

3 votes

You have already found the slope, which is 2

m =( y2-y1)/(x2-x1)

= (9200-9000)/(225-125)

= 200/100

= 2

The question tells us that it is a linear function

y = mx +b is the slope intercept form of a linear function

m is the slope and b is the initial value

c(n) = mn+b

c(n) = 2n+b

Using one of the points in the table we can find b

(125,9000)

9000 = 2(125) +b

9000 = 250+b

9000-250 = b

8750 = b

The initial value is 8750

This is also the estimate of c(0) because the initial value is when n=0

We can write the equation

c(n) = fixed cost + unit cost * number of units

The fixed cost is the initial value

the unit cost is the slope or m

c(n) = 8750 + 2n

User Xlm
by
8.5k points

No related questions found

Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

9.4m questions

12.2m answers

Categories