Math Problem Statement

The cost C of producing x units is $7.50 per unit plus a $300 one-time expense. Write and graph a formula for this situation.

Solution

The problem you uploaded states:

"The cost CC of producing xx units is $7.50 per unit plus a $300 one-time expense. Write and graph a formula for this situation."

Formula:

The total cost CC is made up of two components:

  1. A one-time fixed cost of $300.
  2. A variable cost of $7.50 for each unit produced.

This can be written as: C(x)=7.50x+300C(x) = 7.50x + 300 where:

  • C(x)C(x) is the total cost for producing xx units,
  • xx is the number of units produced,
  • $7.50 is the cost per unit,
  • $300 is the fixed cost.

Graphing:

The equation C(x)=7.50x+300C(x) = 7.50x + 300 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 (x=0x = 0).

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:

  1. How would the formula change if the one-time expense was $500 instead of $300?
  2. What happens to the graph if the per-unit cost changes to $10?
  3. What is the cost for producing 50 units according to the formula?
  4. How would the graph look if there were no fixed costs (i.e., $300 is removed)?
  5. 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!

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Math Problem Analysis

Mathematical Concepts

Algebra
Linear Equations

Formulas

C(x) = 7.50x + 300

Theorems

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Suitable Grade Level

Grades 8-10