Question: Base on data below relating cost (Y) to volume (X), what is the cost per widget? Production Volume (units) Total cost 400 4384 450 4722
Base on data below relating cost (Y) to volume (X), what is the cost per widget?
Production Volume (units) Total cost
400 4384
450 4722
550 5233
600 6091
700 6664
750 6734
425 4423
475 4905
575 5746
625 5709
725 7081
775 7094
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