Question

The expense function for a manufacturer can be modeled using the equation

E = 1.43q + 43, 123
What is the cost for producing 200 units (q)?

Answer 1

The cost of producing 200 units can be calculated by plugging in 200 for q in the equation E = 1.43q + 43,123. This gives us E = 1.43*200 + 43,123 = 286 + 43,123 = $43,409.