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It cost a bicycle company $8750 to make 50 bikes in its first month of operation and $14925 to make 115 bikes during its second month. Find a linear equation to express the company’s monthly production cost, y, in terms of the number, x of bikes it makes. y=?

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Answer:

Step-by-step explanation:

[tex]y=mx+b\\ \\ m=\frac{14925-8750}{115-50}=95\\ \\ y=95x+b,\ (50,8750)\\ \\ 8750=95(50)+b\\ \\ 8750=4750+b,\ b=4000\\ \\ y=95x+4000[/tex]

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