SOLUTION: Last month a manufacturing company produced 560 auto parts that cost the company a total of $36100. This month the company produced 550 auto parts accumulating a total of $35600 in
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Question 1144990: Last month a manufacturing company produced 560 auto parts that cost the company a total of $36100. This month the company produced 550 auto parts accumulating a total of $35600 in cost. The cost of each part depends on the fluctuating oil prices on the stock market. Compute the slope of the costs and interpret its meaning.
Answer by josmiceli(19441) (Show Source): You can put this solution on YOUR website!
dollars/part average
Even though total cost went down, the average cost/part
went up ( slope is positive ) because they made fewer parts.
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