The correct equation is [tex]P = 2.5w[/tex] .
The average cost is the ratio of the total of cost of all the products to the total number of products.
The general form of the cost function formula is C(x)=F+V(x) C ( x ) = F + V ( x ) , where F is the total fixed costs, V is the variable cost, x is the number of units, and C(x) is the total production cost.
The definition of an equation is a mathematical statement that shows that two mathematical expressions are equal.
An equation says that two things are equal. It will have an equals sign "=" .
A 12-ounce box of cereal costs $4.80.
The price be 'P' and weight be 'w'.
$4.80 is the price of box with weight 12-ounce
i.e. 4.80P = 12w
Divide both side by 4.80
[tex]\frac{4.80P}{4.80} = \frac{12w}{4.80}[/tex]
[tex]P = 2.5w[/tex]
Therefore, the correct equation is [tex]P = 2.5w[/tex] .
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