Latest exam Aptitude Question SOLUTION: The cost of producing a number of items x is given by c=mx+b, in which b is the fixed cost and m is the variable cost ( the cost of producing one more item. a)If the fixed cost is

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(#M40130646) EXAM Numerical Ability question Keep an EYE

The cost of producing a number of items x is given by c=mx+b, in which b is the fixed cost and m is the variable cost ( the cost of producing one more item.
a)If the fixed cost is $40 and the variable cost is $10, write the cost equation.

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