Question

A company discovers that to produce x=x=520 new electronic parts, it will cost y=y=$43,440. To produce...

A company discovers that to produce x=x=520 new electronic parts, it will cost y=y=$43,440. To produce 670 new electronic parts, it will cost $54,240.

Compute the slope of the costs and choose the most accurate statement from the following:

  • (a)Costs are increasing at a rate of $66 per item.
  • (b)Costs are decreasing at a rate of $72 per item.
  • (c)Costs are decreasing at a rate of $66 per item.
  • (d)Costs are increasing at a rate of $69 per item.
  • (e)Costs are increasing at a rate of $72 per item.
  • (f)Costs are decreasing at a rate of $69 per item.

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