A company discovers that to produce x = 540 new electronic parts, it will cost y = $35,140. To produce 640 new electronic parts, it will cost $40,240. Compute the slope of the costs and choose the most accurate statement from the following: O Costs are increasing at a rate of $51 per item. O Costs are decreasing at a rate of $45 per item. O Costs are increasing at a rate of $45 per item. O Costs are increasing at a rate of $55 per item. O Costs are decreasing at a rate of $51 per item.

Advanced Engineering Mathematics
10th Edition
ISBN:9780470458365
Author:Erwin Kreyszig
Publisher:Erwin Kreyszig
Chapter2: Second-order Linear Odes
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**Question 1**

A company discovers that to produce \( x = 540 \) new electronic parts, it will cost \( y = \$35,140 \). To produce 640 new electronic parts, it will cost \$40,240. 

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

- Costs are increasing at a rate of \$51 per item.
- Costs are decreasing at a rate of \$45 per item.
- Costs are increasing at a rate of \$45 per item.
- Costs are increasing at a rate of \$55 per item.
- Costs are decreasing at a rate of \$51 per item.
Transcribed Image Text:**Question 1** A company discovers that to produce \( x = 540 \) new electronic parts, it will cost \( y = \$35,140 \). To produce 640 new electronic parts, it will cost \$40,240. Compute the slope of the costs and choose the most accurate statement from the following: - Costs are increasing at a rate of \$51 per item. - Costs are decreasing at a rate of \$45 per item. - Costs are increasing at a rate of \$45 per item. - Costs are increasing at a rate of \$55 per item. - Costs are decreasing at a rate of \$51 per item.
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