Math Problem Statement
Solution
The problem you uploaded states:
"The cost of producing units is $7.50 per unit plus a $300 one-time expense. Write and graph a formula for this situation."
Formula:
The total cost is made up of two components:
- A one-time fixed cost of $300.
- A variable cost of $7.50 for each unit produced.
This can be written as: where:
- is the total cost for producing units,
- is the number of units produced,
- $7.50 is the cost per unit,
- $300 is the fixed cost.
Graphing:
The equation is a linear function, so its graph will be a straight line with:
- Slope: 7.50, indicating the cost increases by $7.50 for each additional unit.
- Y-intercept: 300, which represents the initial fixed cost when no units are produced ().
If you'd like, I can also help you sketch or generate this graph digitally!
Would you like to explore the graph more or have any questions?
Here are 5 related questions to deepen understanding:
- How would the formula change if the one-time expense was $500 instead of $300?
- What happens to the graph if the per-unit cost changes to $10?
- What is the cost for producing 50 units according to the formula?
- How would the graph look if there were no fixed costs (i.e., $300 is removed)?
- How does the slope of the line relate to the per-unit cost?
Tip: When graphing linear equations, always identify the slope and y-intercept to easily plot the line!
Ask a new question for Free
By Image
Drop file here or Click Here to upload
Math Problem Analysis
Mathematical Concepts
Algebra
Linear Equations
Formulas
C(x) = 7.50x + 300
Theorems
-
Suitable Grade Level
Grades 8-10
Related Recommendation
Solving a Linear Cost Function: C(x) = 7.25x + 2500
Understanding Cost Functions: Fixed and Variable Costs in Production
Linear Cost Function: Bicycle Manufacturing Cost Problem with Fixed and Variable Costs
Linear Function: C(x) = 15.25 - 0.05x
Interpreting the C-Intercept of a Rental Car Cost Function