Given
To find:
1) How much does the cost increase for each ton of sugar being transported?
Explanation:
It is given that,
That implies,
The point (0,500) and (1,2000) lies on the line.
Therefore, the equation of the line is,
[tex]\begin{gathered} \frac{y-500}{2000-500}=\frac{x-0}{1-0} \\ \frac{y-500}{1500}=x \\ y=1500x+500\text{ \_\_\_\_\_\_\_\lparen1\rparen} \end{gathered}[/tex]
Hence,
1) For each ton, the increase in the cost of transporting sugar is $500.
2) And, the slope of the line 1500.
