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qid 291 · business
Question: A shoe factory has fixed costs of $1200 per day, and variable costs of $1.50 per shoe. Find a linear cost function to represent their daily costs.
- Cost = 1200 + X
- Cost = 1500 + 1.5 X
- Cost = 1200 + 1.5 X
- Cost = 1200 + 1.75 X
- Cost = 1000 + 2 X
- Cost = 1200 + 2 X
- Cost = 1200 + 0.75 X
- Cost = 1100 + 1.25 X
- Cost = 1300 + 1.5 X
- Cost = 1000 + 1.5 X
Our answer: C. Cost = 1200 + 1.5 X Source quote machine-checked (exact quote)
How it was answered
Stored formula / worked method, replayed by code
Current source
OpenStax College Algebra 2e, Section 4.2 "Modeling with Linear Functions"
https://openstax.org/books/college-algebra-2e/pages/4-2-modeling-with-linear-functions
Source quote machine-checked (exact quote)
Earlier version (superseded)
https://openstax.org/books/college-algebra-2e/pages/4-2-modeling-with-linear-functions
Source weak (http_get_200_text_and_question_terms)
Earlier version (superseded)
https://openstax.org/books/college-algebra-2e/pages/4-2-modeling-with-linear-functions
Source weak (http_get_200_text_and_question_terms)
Earlier version (superseded)
No public source has been found for this card yet (5 places checked internally).