The cost function for Shannon’s new clothing store where she sells T-shirts is C = $8.75 + 925. What is the slope of the cost function for Shannon’s new store?
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Answer:
Answer:The slope of cost function for Shannon's new store is 8.75.Step-by-step explanation:The given cost function for Shannon's store is : [tex]C = $8.75n+925[/tex] .....1where C is the cost and n is the number of T-shirts sold.The general form of equation of a line is given as : [tex]y = mx + c[/tex] .....2where y is the y-coordinate , m is the slope of the line , x is the x-coordinate and c is the y-intercept.On comparing equation 1 and 2, we can conclude that : y = C ; x = n ; c = 925 ;and m = 8.75 ;Thus, slope of Cost function is 8.75 .
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