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y = number of hotdogs
linear model example: erasers
machinery costs: $50
Rubber: $3
Packaging $1
making a linear equation
fixed cost = $50 (y)
variable cost = $4 (x)
for every 1 eraser I am making, it costs $4
the cost is 50 bec it is the initual cost that doesn't change
don't be too specific
do we have to find rent, money, ---> give an approximation, assume or make up ($100 for the place)
use geogebra to create the graph
should the fixed cost be per month or per year
what period of time are you looking at this from? is your buisness represent one month, 6 months, 1 year? define it as long as you explain
cost of the product
describe y as the cost of production,
y= 4x + 50
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