Use this equation to predict the cost to produce 600 new


A company discovers that to produce x=560 new electronic parts, it will cost y=$54,780. To produce 590 new electronic parts, it will cost $57,570.

a) Write a linear equation in slope-intercept form that models the number of new electronic parts, x to cost, y. [Hint: the line must pass through the points (560, 54,780) and (590, 57,570)].

b) Use this equation to predict the cost to produce 600 new electronic parts.

c) Explain what the slope for this line means in the context of the problem.

Solution Preview :

Prepared by a verified Expert
Mathematics: Use this equation to predict the cost to produce 600 new
Reference No:- TGS02696623

Now Priced at $15 (50% Discount)

Recommended (91%)

Rated (4.3/5)