write the cost function of running the program for x number of people

Question

an employment agency is planning to create a transferable skills program for the community. The fixed monthly cost is $6000.00 and it will cost $35.00 per person. This includes licensed professionals, computer and internet access, and lunch for all attendees.

 

Answer 1

The cost function is the sum of the fixed cost plus the variable cost times the number of units

 

In this case, the fixed cost is 6000

The variable cost is $35

the unit is people

 

So, Cost = fixed + variable x people = 6000 + 35 x #people