Lumen OHM Assessment

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A company discovers that to produce 540 new electronic parts, it will cost $54760. To produce 970 new electronic parts, it will cost $97330.

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

Costs are decreasing at a rate of $102 per item.
Costs are decreasing at a rate of $99 per item.
Costs are increasing at a rate of $99 per item.
Costs are increasing at a rate of $102 per item.
Costs are increasing at a rate of $103 per item.
Costs are decreasing at a rate of $103 per item.

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