Question

A factory produces 300 units and 900 units at a total cost of Rs.6800/- and Rs.10400/- respectively. The selling price is Rs.8/- per unit now if a loss of Rs.3000/- is budgeted the factory may maintain production level at __________ units.

Answer 1

Answer:

A Factory products 300 units and 900 units at a total cost of 6800 & 10400 respectively. what will be the linear equation of the total cost?

Maths

Answer 2

Step-by-step explanation:

A linear cost function expresses cost as a linear function of the number of items. In other words,

C = mx + b

Here, C is the total cost, and x is the number of items. In this context, the slope m is called the marginal cost and b is called the fixed cost.

case 1 => 6800 = 300m + b

case 2 => 10400 = 900m + b

Solving the above 2 equations, we get

m = 6 & b = 5000

Therefore the cost function can be written as

C = 6x + 5000 ------------------>> Option C

Hope you get the drill

Cheers:))