Math Problem Statement

A company manufacturing surfboard has fixed costs of $300 per day and total costs of $5,100 per day at a daily output of 20 boards. (A) Assuming that the total cost per day, C(x), is linearly related to the total output per day, x, write an equation for the cost function.

Solution

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Math Problem Analysis

Mathematical Concepts

Linear Functions
Cost Functions
Algebra

Formulas

C(x) = mx + b

Theorems

Slope-Intercept Form Theorem

Suitable Grade Level

Grades 9-11