straight line equation

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a firm produces 50 units of a product for 320rs and 80 units for 380 rs . considering the cost curve to be a straight -line the cost of producing 110 units to be estimated as ?

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( x = variable cost  , y = fixed cost )

when the firm is producing 50 units the equation is :

50x + y = 320

when the firm is producing 80 units the equation is :

80x + y =380 

 

solving the equation x=2 , y=220

 

therefore when the firm is producing 110 units the equation is :

 110x + y 

=110(2) + 220

=220 + 220

=440 Ans

 

not very goog in maths hope this helps . 

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