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Express the cost as a function of the number of toaster

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Reference no: EM13590034

Question: A small-appliance manufacturer finds that it costs $9000 to produce 1000 toaster ovens a week and $12,000 to produce 1500 toaster ovens a week.

(a) Express the cost as a function of the number of toaster ovens produced, assuming that it is linear. Then sketch the graph.

(b) What is the slope of the graph and what does it represent?

(c) What is the y-intercept of the graph and what does it represent?

Reference no: EM13590034

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