Question:

A company discovers that to produce x = 660 new electronic parts, it will cost y = $51,080. To produce 850 new electronic parts, it will cost $63,050. Compute the slope of the costs and choose the mos

A company discovers that to produce x = 660 new electronic parts, it will cost y = $51,080. To produce 850 new electronic parts, it will cost $63,050.
Compute the slope of the costs and choose the most accurate statement from the following:
○ Costs are decreasing at a rate of $63 per item.
○ Costs are increasing at a rate of $64 per item.
○ Costs are decreasing at a rate of $57 per item.
○ Costs are increasing at a rate of $57 per item.
○ Costs are increasing at a rate of $63 per item.
○ Costs are decreasing at a rate of $64 per item.

A company discovers that to produce x = 660 new electronic parts, it will cost y = $51,080. To produce 850 new electronic parts, it will cost $63,050. Compute the slope of the costs and choose the most accurate statement from the following: ○ Costs are decreasing at a rate of $63 per item. ○ Costs are increasing at a rate of $64 per item. ○ Costs are decreasing at a rate of $57 per item. ○ Costs are increasing at a rate of $57 per item. ○ Costs are increasing at a rate of $63 per item. ○ Costs are decreasing at a rate of $64 per item.