A company’s total cost , in dollars, to produce x shirts is given by the function above, where m is a constant and
. The total cost to produce 100 shirts is $800. What is the total cost, in dollars, to produce 1000 shirts? (Disregard the $ sign when gridding your answer.)
The correct answer is 3500. The given information includes a cost, $800, to produce 100 shirts. Substituting and
into the given equation yields
. Subtracting 500 from both sides of the equation yields
. Dividing both sides of this equation by 100 yields
. Substituting the value of m into the given equation yields
. Substituting 1000 for x in this equation and solving for
gives the cost of 1000 shirts:
, or 3500.