Suppose you are the owner of a dairy company that produces milk powder. There is a fixed cost 6.4 thousand dollars every month and variable cost 9.41 thousand dollars per ton of milk powder. Write down the monthly total cost function (dollars in thousands) in the quantity of production Q (in tonnes). What is the slope of this linear function? Question 2 Answer a. none of the others b. -0.68 c. 6.4 d. 8.10 e. 9.41

The manager of a furniture factory finds that it costs $2400 to manufacture 100 chairs in one day and $4800 to produce 300 chairs in one day.(a) Express the cost C (in dollars) as a function of the number of chairs x produced, assuming that it is linear.C = 0.25d+390 Sketch the graph. (b) What is the slope of the graph?What does it represent?It represents the time (in days) to produce each additional chair.It represents the number of chairs produced.    It represents the cost (in dollars) of operating the factory daily.It represents the cost (in dollars) of producing each additional chair.(c) What is the y-intercept of the graph?What does it represent?It represents the time (in days) to produce each additional chair.It represents the number of chairs produced.    It represents the cost (in dollars) of producing each additional chair.It represents the fixed daily cost (in dollars) of operating the factory. Viewing Saved Work Revert to Last Response17.[–/6 Points]DETAILSSESSCALC2 1.2.014.MY NOTESASK YOUR TEACHERPRACTICE ANOTHERThe monthly cost of driving a car depends on the number of miles driven. Lynn found that in May it cost her $505 to drive 460 mi and in June it cost her $565 to drive 700 mi.(a) Express the monthly cost C as a function of the distance driven d, assuming that a linear relationship gives a suitable model.C(d) = (b) Use part (a) to predict the cost of driving 1100 miles per month.$ (c) Draw the graph of the linear function. What does the slope represent?It represents the fixed cost (amount she pays even if she does not drive).It represents the cost (in dollars) of driving.    It represents the cost (in dollars) per mile.It represents the distance (in miles) traveled.(d) What does the y-intercept represent?It represents the fixed cost (amount she pays even if she does not drive).It represents the distance (in miles) traveled.    It represents the cost (in dollars) of driving.It represents the cost (in dollars) per mile.(e) Why does a linear function give a suitable model in this situation?A linear function is suitable because the monthly cost increases as the number of miles driven decreases.A linear function is suitable because the monthly cost increases even if the miles driven is constant.    A linear function is suitable because the monthly cost is fixed despite the fact that the miles driven may vary.A linear function is suitable because the monthly cost increases as the number of miles driven

The monthly cost of driving a car depends on the number of miles driven. Lynn found that in May it cost her $505 to drive 460 mi and in June it cost her $565 to drive 700 mi.(a) Express the monthly cost C as a function of the distance driven d, assuming that a linear relationship gives a suitable model.C(d) = (b) Use part (a) to predict the cost of driving 1100 miles per month.$ (c) Draw the graph of the linear function. What does the slope represent?It represents the fixed cost (amount she pays even if she does not drive).It represents the cost (in dollars) of driving.    It represents the cost (in dollars) per mile.It represents the distance (in miles) traveled.(d) What does the y-intercept represent?It represents the fixed cost (amount she pays even if she does not drive).It represents the distance (in miles) traveled.    It represents the cost (in dollars) of driving.It represents the cost (in dollars) per mile.(e) Why does a linear function give a suitable model in this situation?A linear function is suitable because the monthly cost increases as the number of miles driven decreases.A linear function is suitable because the monthly cost increases even if the miles driven is constant.    A linear function is suitable because the monthly cost is fixed despite the fact that the miles driven may vary.A linear function is suitable because the monthly cost increases as the number of miles driven increases.

If the revenue function for a particular commodity is R(p) = −51p2 + 65p, what is the (linear) demand function q(p)?q(p) = Give a reason for your answer.R = p + qR = qp    R = q − pR = pqR = pq

Assume it costs Microsoft $4,300 to manufacture 6 Xbox 360s and $7,900 to manufacture 12. Obtain the corresponding linear cost function.C(x) = What was the cost (in dollars) to manufacture each additional Xbox?$ Use the cost function to estimate the cost of manufacturing 60 Xboxes (in dollars).$

The slope of a demand curve depends on