A yo-yo factory has fixed operating costs of $4500 per day plus costs of $1.20 per yo-yo produced. If a yo-yo sells for $4.80, w
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We will be using the Point Slope formula which is
The information we are given is that m = -4 and the point is (2,-5), so we can input it into the equation.
This simplifies into
Then we can subtract 5 from each side to get the answer: