Answer:
The cost increases at a rate of $83 per item.
Step-by-step explanation:
Given two points, use the following to determine the equation:
[tex]m=\frac{y_2-y_1}{x_2-x_1}[/tex]
Given the points (700,61100) and (620, 54460), substitute and compute for the slope:
[tex]\begin{gathered} m=\frac{61100-54460}{700-620} \\ m=\frac{}{}83 \end{gathered}[/tex]
The cost increases at a rate of $83 per item.
