question archive In 1980, the average monthly rate for basic able TV in the United States was $7
Subject:MathPrice: Bought3
In 1980, the average monthly rate for basic able TV in the United States was $7.69. In 2008, the average monthly rate was $6.13. Assume a linear relationship, and find the average rate of change in the monthly rate per year.
?Assume that the cost to produce an item is a linear function and all items produced are sold. The fixed cost is $1500, the variable cost per item is $100, and the item sells for $125. Find the profit gain or loss when 50 items are sold.