A small-appliance manufacturer finds that it costs $9000 to produce 1000 toaster ovens a week and $12,000

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A small-appliance manufacturer finds that it costs $9000 to produce 1000 toaster ovens a week and $12,000 to produce 1500 toaster ovens a week.
(a) Express the cost as a function of the number of toaster ovens produced, assuming that it is linear. Then sketch the graph.
(b) What is the slope of the graph and what does it represent?
(c) What is the y-intercept of the graph and what does it represent?
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Related Book For  book-img-for-question

Numerical Methods For Engineers

ISBN: 9780071244299

5th Edition

Authors: Steven C. Chapra, Raymond P. Canale

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