Answer:
The slope of cost function for Shannon's new store is 8.75.
Step-by-step explanation:
The given cost function for Shannon's store is :
[tex]C = $8.75n+925[/tex] .....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 :
[tex]y = mx + c[/tex] .....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 .
