Answer :
Final answer:
The correct equation representing the total cost of producing tires, factoring in both the fixed lease and variable production costs per tire, is C = 53x + 175,000. So the correct answer is option(b).
Explanation:
The question pertains to finding the correct equation that represents the total cost of producing tires in a factory, taking into account both the fixed lease cost and the variable production cost per tire. Given are: the yearly lease cost of $175,000 and the cost to make each tire at $53. The correct representation of the total cost (C) as a function of the number of tires produced (x) is C = 53x + 175,000.
This equation aligns with option b) C = 53x + 175,000, where 53x represents the variable production costs for x number of tires, and 175,000 is the fixed annual lease cost. The addition of these two amounts gives us the total cost of producing x tires in a year. Therefore, as the number of tires produced increases, the variable part of the total cost rises, whereas the fixed cost remains constant, irrespective of the production volume.