Instructions:

As illustrated in this application, graphs and linear equations are very useful for seeing the effects of producing and selling items. This application, dealing with textbook production, shows the relationships between production costs and revenue from selling the books. As part of the production costs, there is always a fixed cost, regardless of volume produced. A second part of the cost is then associated with each item produced to give a formula of Cost = (individual item cost times number of items) + (fixed cost).

This interactive application gives you multiple options to change. Click on the different buttons at the top of the application to see what information is supplied. Then, change the values for C (cost per item), fixed cost, R (retail price), and N (number of units produced). Then, click on the various buttons at the top to see the new information. Remember to do problem 57 on page 209 of your textbook.

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