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Question

Gonzalez Parsons

22/09/2020 · Junior High School

A kitchen appliance manufacturing company determines that the total cost \( C \) (in dollars) of producing \( x \) units of a blender is given by 

\( C = 25 x + 3500 \) . Cost equation 

Interpret the \( y \) -intercept and slope of this line. 

Answer
expertExpert-Verified Answer

Beck Chan
Qualified Tutor
5.0 (47votes)

y-intercept = 3500

slope = 25

 

The y-intercept tells the overhead cost when no units of the blender are produced

The slope tells the cost factor when 1 unit of blender is produced.

 

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