A plant can manufacture 50 tennis rackets per day for a total daily cost of $3,855 and

Question:

A plant can manufacture 50 tennis rackets per day for a total daily cost of $3,855 and 60 tennis rackets per day for a total daily cost of $4,245.
(A) Assuming that daily cost and production are linearly related, find the total daily cost of producing x tennis rackets.
(B) Graph the total daily cost for 0 ≤x ≤ 100.
(C) Interpret the slope and y intercept of this cost equation.
Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question

College Mathematics for Business Economics Life Sciences and Social Sciences

ISBN: 978-0321614001

12th edition

Authors: Raymond A. Barnett, Michael R. Ziegler, Karl E. Byleen

Question Posted: