If I am remembering it right, the y intercept is the fixed cost. You are correct that is b.

Yes agree, you are exactly correct. Y intercept is the fixed cost.

]]>If you show me your work, I can try to figure that out.

]]>Suppose a manufacturer finds that the cost y of producing x units is given by the formula of the form y=mx+b. If is costs $1,300 to produce 20 units and $1,750 to produce 35 units, what is the fixed cost?

Doesn't b determine the fixed cost?

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