A plant can manufacture 50 golf clubs per day at a total daily cost of $4879 and 80 golf clubs per day for a total cost of $6829 (A) Assuming that daily cost and production are linearly related, find the total daily cost, C, of producing x golf clubs (8) Graph the total daily cost for 0 sxs 200 (C) Interpret the slope and y intercept of the cost equation (A) C (Do not include the $ symbol in your answer.) (B) Choose the corect graph of the total daily cost below OB. OA 20.000 AC 20.000 Q OC. 20.000 (C) Interpret the slope and y intercept. Choose the correct answer below OA They intercept is the fixed cost and the slope is the cost per club OB. The fixed cost and cost per club sum to the y intercept. The slope is the ratio of the two costs OC. The y intercept is the cost per club and the slope is the fixed cost AC 20.000

Calculus For The Life Sciences
2nd Edition
ISBN:9780321964038
Author:GREENWELL, Raymond N., RITCHEY, Nathan P., Lial, Margaret L.
Publisher:GREENWELL, Raymond N., RITCHEY, Nathan P., Lial, Margaret L.
Chapter4: Calculating The Derivative
Section4.CR: Chapter 4 Review
Problem 87CR
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A plant can manufacture 50 golf clubs per day at a total daily cost of $4879 and 80 golf clubs per day for a total cost of $6829
(A) Assuming that daily cost and production are linearly related, find the total daily cost, C, of producing x golf clubs
(8) Graph the total daily cost for 0≤x≤200
(C) Interpret the slope and y intercept of the cost equation
(A) C
(Do not include the $ symbol in your answer.)
(B) Choose the correct graph of the total daily cost below
OA
20,000
AC
OB.
AC
20,000
Q
Q
CIE
OC.
20.000
(C) Interpret the slope and y intercept. Choose the correct answer below.
OA. The y intercept is the fixed cost and the slope is the cost per club
OB. The fixed cost and cost per club sum to the y intercept. The slope is the ratio of the two costs
OC. The y intercept is the cost per club and the slope is the fixed cost
AC
OD.
20.000
C
Transcribed Image Text:A plant can manufacture 50 golf clubs per day at a total daily cost of $4879 and 80 golf clubs per day for a total cost of $6829 (A) Assuming that daily cost and production are linearly related, find the total daily cost, C, of producing x golf clubs (8) Graph the total daily cost for 0≤x≤200 (C) Interpret the slope and y intercept of the cost equation (A) C (Do not include the $ symbol in your answer.) (B) Choose the correct graph of the total daily cost below OA 20,000 AC OB. AC 20,000 Q Q CIE OC. 20.000 (C) Interpret the slope and y intercept. Choose the correct answer below. OA. The y intercept is the fixed cost and the slope is the cost per club OB. The fixed cost and cost per club sum to the y intercept. The slope is the ratio of the two costs OC. The y intercept is the cost per club and the slope is the fixed cost AC OD. 20.000 C
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