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QUESTION
Bill wants to open a business selling chairs. It will cost him a fixed amount of $1,000,000 to open a factory, and a variable cost of $5 to...
Bill wants to open a business selling chairs. It will cost him a fixed amount of $1,000,000 to open a factory, and a variable cost of $5 to manufacture each chair. What will the total cost be to produce:1,000 chairs?100,000 chairs?Write an equation that shows the total cost of producing “x” chairs.y = mx+b)
