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as a linear cost function. Find the cost function. Assume that the situation can be expressed Fixed cost is $100 20 items cost 500 to produce. The linear cost function is C(x)= |0

Respuesta :

Answer:

Production cost is $20 per item.

Step-by-step explanation:

Fixed cost is $100 and 20 items cost $500 to produce.

[tex]C=100+x*production cost[/tex]

[tex]500=100+20*production cost[/tex]

[tex]400=20*production cost[/tex]

Production cost = $20.

So, [tex]C(x)=20x+100[/tex], where C is total cost and x is the number of items produced.

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