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Mathematics, 20.11.2020 16:20 zurfluhe

Faith is in the business of manufacturing phones. She must pay a daily fixed cost to rent the building and equipment, and also pays a cost per phone produced for materials and labor. The equation C
=
225
p
+
700
C=225p+700 can be used to determine the total cost, in dollars, of producing
p
p phones in a given day. What is the
y
y-intercept of the equation and what is its interpretation in the context of the problem?

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