12) Inacertaincity,thecostofataxirideiscomputedasfollows:Thereisafixedchargeof$2.90 assoonas
yougetinthetaxi,towhichachargeof$2.40permileisadded.Findanequationthatcanbeusedto
determinethecost,C(x),ofanx–miletaxiride.
A) C(x)=2.90+2.40x B) C(x)=2.40 +2.90x C) C(x)=5.30x D) C(x)=3.80x
13) Inacertaincity,thecostofataxirideiscomputedasfollows:Thereisafixedchargeof$2.50 assoonas
yougetinthetaxi,towhichachargeof$1.95permileisadded.Findanequationthatcanbeusedto
determinethecost,C(x),ofanx–miletaxiride,andusethisequationtofindthecostofa2–miletaxiride.
A) $6.40 B) $6.58 C) $6.28 D) $7.30
14) MartyʹsTeeShirt&JacketCompanyistoproduceanewlineofjacketswithanembroideryofaGreat
Pyreneesdogonthefront.Therearefixedcostsof$580tosetupforproduction,andvariablecostsof$31
perjacket.Writeanequationthatcanbeusedtodeterminethetotalcost,C(x),encounteredbyMartyʹs
Companyinproducingxjackets.
A) C(x)=580+31x B) C(x)=580x+31 C) C(x)=(580 +31)x D) C(x)=580 –31x
15) MartyʹsTeeShirt&JacketCompanyistoproduceanewlineofjacketswithaembroideryofaGreat
Pyreneesdogonthefront.Therearefixedcostsof$630tosetupforproduction,andvariablecostsof$39
perjacket.Writeanequationthatcanbeusedtodeterminethetotalcost,C(x),encounteredbyMartyʹs
Companyinproducingxjackets,andusetheequationtofindthetotalcostofproducing88jackets.
A) $4062 B) $4074 C) $4042 D) $4054
16) SupposethatthequantitysuppliedSandquantitydemandedDofbaseballcapsatamajorleaguegame
aregivenbythefunctionsS(p)=4830–100pandD(p)=110p,wherepistheprice.Findtheequilibrium
priceforcapsatthegame.Thenfindtheequilibriumquantity.
A) $23
$2530 B) $10
$3830 C) $43
$530 D) $10
$2530
17) Regrind,Inc.regrindsusedtypewriterplatens.Thevariablecostperplatenis$1.40.Thetotalcostto
regrind90platensis$400.Findthelinearcostfunctiontoregrindplatens.Ifregroundplatenssellfor$
10.90each,howmanymustberegroundandsoldtobreakeven?
A) C(x)=1.40x+274;29platens B) C(x)=1.40x+400;43platens
C) C(x)=1.40x+400;33platens D) C(x)=1.40x+274;23platens
18) NorthwestMoldedmoldsplastichandleswhichcost$0.50 perhandletomold.Thefixedcosttorunthe
moldingmachineis$4948perweek.Ifthecompanysellsthehandlesfor$4.50each,howmanyhandles
mustbemoldedandsoldweeklytobreakeven?
A) 1237handles B) 824handles C) 9896 handles D) 989 handles
19) Alumberyardhasfixedcostsof$3933.80 perdayandvariablecostsof$0.14 perboard–footproduced.
Lumbersellsfor$1.44perboard–foot.Howmanyboard–feetmustbeproducedandsolddailytobreak
even?
A) 3026board–feet B) 2017 board–feet C) 28,098 board–feet D) 2489 board–feet
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