Lumen OHM Assessment

Enable text based alternatives for graph display and drawing entry

Question 1

A company discovers that to produce 550 new electronic parts, it will cost $60650. To produce 590 new electronic parts, it will cost $64450.

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

Costs are increasing at a rate of $94 per item.
Costs are decreasing at a rate of $94 per item.
Costs are increasing at a rate of $95 per item.
Costs are decreasing at a rate of $95 per item.
Costs are increasing at a rate of $96 per item.
Costs are decreasing at a rate of $96 per item.

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