A manufacturer finds that the total cost of producing x units of a commodity is 2x + 1000 dollars. What is the economic significance of the y-intercept and the slope of the line y = 2x + 1000?

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter9: Quadratic Functions And Equations
Section9.8: Analyzing Functions With Successive Differences
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A manufacturer finds that the total cost of producing x units of a commodity is 2x + 1000 dollars. What is the economic significance of the y-intercept and the slope of the line y = 2x + 1000?

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