Question A company discovers that to produce x = 980 new electronic parts, it will cost y = $86,720. To produce 750 new electronic parts, it will cost $67,400. Compute the slope of the costs and choose the most accurate statement from the following: Select the correct answer below: Costs are increasing at a rate of $81 per item. Costs are increasing at a rate of $88 per item. Costs are decreasing at a rate of $88 per item. Costs are decreasing at a rate of $84 per item. Costs are increasing at a rate of $84 per item. Costs are decreasing at a rate of $81 per item.

Algebra and Trigonometry (6th Edition)
6th Edition
ISBN:9780134463216
Author:Robert F. Blitzer
Publisher:Robert F. Blitzer
ChapterP: Prerequisites: Fundamental Concepts Of Algebra
Section: Chapter Questions
Problem 1MCCP: In Exercises 1-25, simplify the given expression or perform the indicated operation (and simplify,...
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A company discovers that to produce x = 980 new electronic parts, it will cost y = $86,720. To produce 750 new
electronic parts, it will cost $67,400.
Compute the slope of the costs and choose the most accurate statement from the following:
Select the correct answer below:
Costs are increasing at a rate of $81 per item.
Costs are increasing at a rate of $88 per item.
Costs are decreasing at a rate of $88 per item.
Costs are decreasing at a rate of $84 per item.
Costs are increasing at a rate of $84 per item.
Costs are decreasing at a rate of $81 per item.
Transcribed Image Text:Question A company discovers that to produce x = 980 new electronic parts, it will cost y = $86,720. To produce 750 new electronic parts, it will cost $67,400. Compute the slope of the costs and choose the most accurate statement from the following: Select the correct answer below: Costs are increasing at a rate of $81 per item. Costs are increasing at a rate of $88 per item. Costs are decreasing at a rate of $88 per item. Costs are decreasing at a rate of $84 per item. Costs are increasing at a rate of $84 per item. Costs are decreasing at a rate of $81 per item.
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