Math Problem Statement
The manager of a furniture factory finds that it costs $ 2300 to manufacture 110 chairs in one day and $ 5000 to produce 295 chairs in one day.
Solution
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Math Problem Analysis
Mathematical Concepts
Linear Functions
Cost Analysis
Systems of Equations
Formulas
C(x) = mx + b (Linear Cost Model)
Substitution method for solving systems of equations
Theorems
Linear Equation System
Suitable Grade Level
Grades 9-12
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