Question

The cost of producing pots is the initial investment, $175, plus $3.50 in materials per pot. Therefore, the function C(p) = 175 + 3.5p defines the cost, C, of producing a number of pots, p. To the nearest cent, how much will it cost to produce 125 pots? (Enter only the number without the dollar sign, such as 25.03 for twenty-five dollars and 3 cents.)

Answer 1

Set p = 125 in C = 175 + 3.5p and calculate C.

Answer 2

C=$175+$3.5(125)
C=$175+$437.50
C=$612.50
Therefore the cost to produce 125 pots is $612.50