Find an Equation in Slope-Intercept Form (Where Possible) for the Line

question 121

Multiple Choice

Find an equation in slope-intercept form (where possible) for the line.
-Through $(-9,-3)$ , perpendicular to $7 x+8 y=-87$

• A) \( y=\frac{8}{7} x+\frac{51}{7} \)
• B) \( y=\frac{8}{7} x \)
• C) \( y=\frac{7}{8} x-51 \)
• D) \( y=-\frac{8}{7} x-\frac{51}{7} \)

Determine net income at various levels of capacity and revenue.

Assess the financial viability of manufacturing a new product considering production capacity, variable costs, and fixed costs.

Understand the impact of pricing decisions on profit/loss.

Calculate the revenue required to achieve a specific net income.

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Definitions:

Average Fixed Cost

The fixed costs (costs that do not change with the level of output) of production divided by the quantity of output produced, decreasing as production increases.

Total Cost

The full price of producing goods, encompassing both stable and changeable expenses.

Eyeglasses

Corrective or protective devices worn on the eyes, consisting of lenses mounted in a frame, to improve vision or protect the eyes from damage or light.

Average Variable Cost

The variable cost per unit of output, calculated by dividing total variable costs by the total output.