Question

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?

Answer 1

The slope of cost function for Shannon's new store is 8.75.

Explanation:

The given cost function for Shannon's store is :

`C = $8.75n+925` .....1

where C is the cost and n is the number of T-shirts sold.

The general form of equation of a line is given as :

`y = mx + c` .....2

where 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 .