Application of Linear Equations Word Problem : Fixed Cost

A manufacturer finds that the cost y of producing x units is given by the formula of the form y=mx+b. If it costs $1300 to produce 20 units and $1750 to produce 35 units, what is the fixed cost?

Solution Preview

I think you mean to say a y = mx + b problem, which i a linear algebra problem.

In this equation, x will represent the number of units, and y will be the total cost, we need ...

Solution Summary

Fixed cost is found using systems of equations. The solution is detailed and well presented. The response received a rating of "5" from the student who originally posted the question.

1. Determine which of the following are linearequations and which are not linearequations. State the reason for your answer.
(a) x + y = 1000
(b) 3xy + 2y + 15z - 20 = 0
(c) 2xy + 4yz = 8
(d) 2x + 3y 4z = 6.

I'm just drawing a blank on how to work this type of problem and I have several of this type.Could you please explain step by step how to solve this type of algebra problem please?
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