Use the following situation to answer questions 10 and 11.
A toy manufacturer determines that it will cost $8,000 to produce 500 dolls a week and $14,000 to produce 1000 dolls a week.
10) Express the cost, C, as a function of the number of dolls produced, x, assuming that it is linear.
a)C = 12x + 8000
b)C = 12x - 2000
c)C = 12x + 2000
d)C = ½x - 3500
e)C = ½x + 3500
11) Which of the following statements is the best interpretation of the slope in problem
number 10?
a) The amount the company charges for each doll.
b) The amount it costs the company to produce each doll.
c) The amount of profit the company receives for each doll.
d) The amount the company’s costs are increasing each year.
e) The amount the company’s profits are increasing for each year.
I got C for 10 and D for 11. Correct?
A toy manufacturer determines that it will cost $8,000 to produce 500 dolls a week and $14,000 to produce 1000 dolls a week.
10) Express the cost, C, as a function of the number of dolls produced, x, assuming that it is linear.
a)C = 12x + 8000
b)C = 12x - 2000
c)C = 12x + 2000
d)C = ½x - 3500
e)C = ½x + 3500
11) Which of the following statements is the best interpretation of the slope in problem
number 10?
a) The amount the company charges for each doll.
b) The amount it costs the company to produce each doll.
c) The amount of profit the company receives for each doll.
d) The amount the company’s costs are increasing each year.
e) The amount the company’s profits are increasing for each year.
I got C for 10 and D for 11. Correct?