Moving to another question will save this response. Jestion 2 The following equation depicts the relationship between total cost for producing pipes and the quantity of pipes produced Total cost = 10 X +5,000 where X is the quantity of pipes produced Which of the following statements about the cost of pipes is true? The total cost of producing 5 pipes, is $5,500. The intercept means that even if there is no production, the company incurs costs. The slope of the curve is positive and equal to 10. The slope of the straight line equation is positive and equal to 5,000. Moving to another question will save this response