DSC1520 Assignment 1 (COMPLETE
ANSWERS) Semester 1 2024
(158619)DUE 1 March 2024
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m = (y2 - y1) / (x2 - x1)
m = (70 - 40) / (20 - 10)
m =
m=3
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Now that we have the slope, we can use one of the points and the slope to solve for
the y-intercept (b). Let's use the point (10, 40):
40 = 3(10) + b
40 = 30 + b
b = 40 - 30
b = 10
So the equation for the linear relationship between C and Q is:
C = 3Q + 10
Now we can find the cost of producing 35 units:
C = 3(35) + 10
C = 105 + 10
C = 115
Therefore, the cost of producing 35 items is R115.
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Disclaimer Extreme care has been used to create this document, however the contents are provided “as is”
without
any representations or warranties, express or implied. The author assumes no liability as a result of reliance
and use of the contents of this document. This document is to be used for comparison, research
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and reference purposes ONLY. No part of this document may be reproduced, resold or transmitted in any
Distribution of this document is illegal R13,625 per year? form or by any means.
ANSWERS) Semester 1 2024
(158619)DUE 1 March 2024
Distribution of this document is illegal
, Stuvia.com - The study-notes marketplace
+27 67 171 1739
m = (y2 - y1) / (x2 - x1)
m = (70 - 40) / (20 - 10)
m =
m=3
Disclaimer
his document is to be used for comparison,
Downloaded by: Unisian | research
Want to earn
and reference purposes ONLY. No part of this document may be reproduced, resold or transmitted in any
Distribution of this document is illegal R13,625 perper
R13,625 year?
year?
form or by any means.
, Stuvia.com - The study-notes marketplace
+27 67 171 1739
Now that we have the slope, we can use one of the points and the slope to solve for
the y-intercept (b). Let's use the point (10, 40):
40 = 3(10) + b
40 = 30 + b
b = 40 - 30
b = 10
So the equation for the linear relationship between C and Q is:
C = 3Q + 10
Now we can find the cost of producing 35 units:
C = 3(35) + 10
C = 105 + 10
C = 115
Therefore, the cost of producing 35 items is R115.
Downloaded by: Unisian | Want to earn Distribution of
this document is illegal R13,625 per year?
, Stuvia.com - The study-notes marketplace
Disclaimer Extreme care has been used to create this document, however the contents are provided “as is”
without
any representations or warranties, express or implied. The author assumes no liability as a result of reliance
and use of the contents of this document. This document is to be used for comparison, research
Downloaded by: Unisian | Want to earn
and reference purposes ONLY. No part of this document may be reproduced, resold or transmitted in any
Distribution of this document is illegal R13,625 per year? form or by any means.