Lumen OHM Assessment

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A company discovers that to produce 880 new electronic parts, it will cost $70520. To produce 680 new electronic parts, it will cost $54720.

Compute the rate of change in this situation, and choose the most accurate statement from the following:

Costs are decreasing at a rate of $74 per item.
Costs are increasing at a rate of $81 per item.
Costs are increasing at a rate of $79 per item.
Costs are increasing at a rate of $74 per item.
Costs are decreasing at a rate of $81 per item.
Costs are decreasing at a rate of $79 per item.

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