The cost function is an illustration of a linear function
The equation of the cost function is C(x) = 35 + 0.5x
The given parameters are:
-- the cost of renting a cooler
--- the rate per bottle
Assume the number of bottles in a cooler is x.
The cost function for the bottles in a cooler would be:
So, we have:
Evaluate the products
Hence, the equation is
Read more about linear functions at:
