Yahoo Answers is shutting down on May 4th, 2021 (Eastern Time) and beginning April 20th, 2021 (Eastern Time) the Yahoo Answers website will be in read-only mode. There will be no changes to other Yahoo properties or services, or your Yahoo account. You can find more information about the Yahoo Answers shutdown and how to download your data on this help page.
Trending News
cost analysis question?
A plant can manufacture 80 golf clubs per day for a total cost of 7647, and 100 golf clubs per day for a total daily cost of 9147.
A) assuming that the daily cost and production are linearly related, find the total daily cost of producing x golf clubs.
b) interpet the slope and y intercept of this cost equation.
I got the slope wich is 75 but I dont understand what its asking me on B. I did Y1-Y2/X2-X1. How do I get the constant and what would that and the slope be on B)?
2 Answers
- 10 years agoFavorite Answer
You need to interpret the y intercept and slope.
The slope is 75 which means that it cost 75 per x value, where x is the amount of golf clubs. The y intercept is how much the production costs when x=0, in other words when no golf clubs are being made.
- sharonLv 410 years ago
slope = (7647-9147) /(80-100) =75
y+mx+b
7647 =75*80 +b
b=1647
y=75x+1647
b= slope 75, intercept for y is 1647
you substitute either set 7647 and 80 or 9147 and 100 to get b
