Q:

If fixed costs are 100, and variable costs are at 5 per unit, find the total cost when Q=10.

Accepted Solution

A:
The total cost when Q = 10 is $150Step-by-step explanation:Th equation y = mx + b represents any linear function, wherem is the unit rateb is the fixed amount∵ The fixed costs are $100∵ The variable costs are $5 per unit∵ There are Q units- Represent the total cost by the function c(Q)∴ c(Q) = 5 Q + 100, where c(Q) is the total cost of Q units∵ c(Q) = 5 Q + 100∵ Q = 10- Substitute Q by 10∴ c(10) = 5(10) + 100∴ c(10) = 50 + 100∴ c(10) = 150The total cost when Q = 10 is $150Learn more:You can learn more about word problems in brainly.com/question/884169#LearnwithBrainly