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23 March, 11:16

A manufacturer keeps track of her monthly costs by using a "cost function" that assigns a total cost for a given number of manufactured items, x. The function is C (x) = 1,500 + 3x. Answer the following questions.

How much would 2,000 items

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  1. 23 March, 13:15
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    2000 items cost $ 7500

    Solution:

    Given that,

    The function is:

    C (x) = 1500 + 3x

    Where,

    C (x) is the total cost

    "x" is the number of manufactured items

    How much would 2,000 items cost

    Substitute x = 2000 in given function

    C (2000) = 1500 + 3 (2000)

    C (2000) = 1500 + 6000

    C (2000) = 7500

    Thus 2000 items cost $ 7500
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