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Find the slope of the line and write the slope as a rate of change. Don't forget to attach the proper units.
-The graph shows the total cost y (in dollars) of owning and operating a mini-van where x is the number of miles driven.
Pretax Income
The amount of income earned by a business before the deduction of taxes; it is found by subtracting all expenses, except tax expenses, from revenues.
Variable Cost
Variable cost refers to expenses that vary directly with the level of production output or sales volume, such as materials and labor.
Fixed Cost
Costs that do not change with the level of output produced, such as rent, salaries, and insurance.
Composite Units
A measure used in cost accounting for aggregating the cost of similar items or processes into a single figure.
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