Question

The cost of producing x tools by a Ryobi is given by R(x) = 1200 x + 5500. What is the cost of 100 tools?

Answer 1

Answer:

Since the cost is given by C(x)=1200x+5500 and we have to find the cost of 100 tools therefore, substitute x=100 in C(x)=1200x+5500 as follows:

C(100)=1200∗100+5500=125500 $

(b) Since the cost is given by C(x)=1200x+5500 and we have to find the cost of 101 tools therefore, substitute x=101 in C(x)=1200x+5500 as follows:

C(101)=1200∗101+5500=126700 $

(c) C(101)−C(100)=1200 $

(d) m=1200 $ / (1 tool)