Solve only C part ASAP!! In manufacturing a medical equipment, a firm incurs costs of two types. Fixed annual costs of $ 145,500 are incurred regardless of the number of units produced. In addition, each unit produced costs the firm $7. If C equals total annual cost in dollars and x equals the number of units produced during a year; a) Develop the linear function C = f(x) which expresses annual cost. b) Calculate f (320)? What does f (320) represent? c) What is the y-intercept in the linear function that you have formed in part a and what does it signify?

Algebra for College Students
10th Edition
ISBN:9781285195780
Author:Jerome E. Kaufmann, Karen L. Schwitters
Publisher:Jerome E. Kaufmann, Karen L. Schwitters
Chapter12: Algebra Of Matrices
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Solve only C part ASAP!!

In manufacturing a medical equipment, a firm incurs costs of two types. Fixed annual costs of $ 145,500
are incurred regardless of the number of units produced. In addition, each unit produced costs the firm $7.
If C equals total annual cost in dollars and x equals the number of units produced during a year;
a) Develop the linear function C = f(x) which expresses annual cost.
b) Calculate f (320)? What does f (320) represent?
c) What is the y-intercept in the linear function that you have formed in part a and what does it
signify?

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