Part 3 of 5
Points: 0.2 of 1
K
The cost y to produce x items is, in some cases, expressed as y=mx+b. The number b gives the fixed
cost (the cost that is the same no matter how many items are produced), and the number m gives the
variable cost (the cost to produce an additional item).
The fixed cost is $ 900.
(Type an integer or a decimal.)
b. What is the variable cost?
Save
It costs $900 to start up a business selling campaign buttons. Each button costs $0.37 to produce. Use
the above imformation to complete the exercise from a to e.
The variable cost is $0.37.
(Type an integer or a decimal.)
c. Write the cost equation.