Q:

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?

Accepted Solution

A:
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 .