A plant can manufacture 80 golf clubs per day for a total daily cost of $7,647 and
Question:
A plant can manufacture 80 golf clubs per day for a total daily cost of $7,647 and 100 golf clubs per day for a total daily cost of $9,147.
(A) Assuming that daily cost and production are linearly related, find the total daily cost of producing x golf clubs.
(B) Graph the total daily cost for 0 ≤ x ≤ 200.
(C) Interpret the slope and y intercept of this cost equation
Step by Step Answer:
Related Book For
Finite Mathematics For Business Economics Life Sciences And Social Sciences
ISBN: 9780134862620
14th Edition
Authors: Raymond Barnett, Michael Ziegler, Karl Byleen, Christopher Stocker
Question Posted: