Math Problem Statement
Solution
The problem asks to write a linear function for the cost of manufacturing bicycles in a day.
The linear cost function is given as , where:
- represents the variable cost per bicycle,
- represents the fixed daily cost,
- represents the total cost of manufacturing bicycles.
From the question, we are given:
- The fixed cost dollars per day,
- The variable cost dollars per bicycle.
Thus, the cost function can be written as:
This is the linear function that expresses the cost of manufacturing bicycles in a day.
Would you like more details on how to interpret this type of cost function?
Here are some related questions:
- How would the cost function change if the variable cost per bicycle increased?
- What does the slope of the cost function represent in practical terms?
- How can this cost function help in determining the total cost for manufacturing 10 bicycles?
- How would the fixed costs affect the graph of the cost function?
- What happens to the total cost if no bicycles are manufactured?
Tip: Always ensure to identify fixed and variable costs when working with cost functions.
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Math Problem Analysis
Mathematical Concepts
Linear Functions
Cost Functions
Algebra
Formulas
C(x) = mx + b
Theorems
Slope-Intercept Form
Suitable Grade Level
Grades 9-11
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