12) In a certain city, the cost of a taxi ride is computed as follows: There is a fixed charge of $2.80 as soon as
you get in the taxi, to which a charge of $1.95 per mile is added. Find an equation that can be used to
determine the cost, C(x), of an x–mile taxi ride.
A) C(x) = 2.80 + 1.95x B) C(x) =1.95 +2.80x C) C(x) =4.75x D) C(x) =3.25x
13) In a certain city, the cost of a taxi ride is computed as follows: There is a fixed charge of $2.55 as soon as
you get in the taxi, to which a charge of $2.35 per mile is added. Find an equation that can be used to
determine the cost, C(x), of an x–mile taxi ride, and use this equation to find the cost of a 8–mile taxi ride.
A) $21.35 B) $21.53 C) $21.23 D) $22.25
14) Marty’s Tee Shirt & Jacket Company is to produce a new line of jackets with an embroidery of a Great
Pyrenees dog on the front. There are fixed costs of $610 to set up for production, and variable costs of $30
per jacket. Write an equation that can be used to determine the total cost, C(x), encountered by Marty’s
Company in producing x jackets.
A) C(x) = 610 + 30x B) C(x) =610x +30 C) C(x) =(610 +30) x D) C(x) =610 –30x
15) Marty’s Tee Shirt & Jacket Company is to produce a new line of jackets with a embroidery of a Great
Pyrenees dog on the front. There are fixed costs of $660 to set up for production, and variable costs of $42
per jacket. Write an equation that can be used to determine the total cost, C(x), encountered by Marty’s
Company in producing x jackets, and use the equation to find the total cost of producing 75 jackets.
A) $3810 B) $3822 C) $3790 D) $3802
16) Suppose that the quantity supplied S and quantity demanded D of baseball caps at a major league game
are given by the functions S(p) = 4750 – 70p and D(p) = 120p, where p is the price. Find the equilibrium
price for caps at the game. Then find the equilibrium quantity.
A) $25
$3000 B) $50
$1250 C) $39
$2020 D) $50
$3000
17) Regrind, Inc. regrinds used typewriter platens. The variable cost per platen is $1.60. The total cost to
regrind 100 platens is $400. Find the linear cost function to regrind platens. If reground platens sell for $
10.10 each, how many must be reground and sold to break even?
A) C(x) = 1.60x + 240; 29 platens B) C(x) =1.60x +400; 47 platens
C) C(x) = 1.60x + 400; 35 platens D) C(x) =1.60x +240; 21 platens
18) Northwest Molded molds plastic handles which cost $0.10 per handle to mold. The fixed cost to run the
molding machine is $3786 per week. If the company sells the handles for $2.10 each, how many handles
must be molded and sold weekly to break even?
A) 1893 handles B) 1262 handles C) 37,860 handles D) 1720 handles
19) A lumber yard has fixed costs of $6087.70 per day and variable costs of $0.6 per board–foot produced.
Lumber sells for $2.30 per board–foot. How many board–feet must be produced and sold daily to break
even?
A) 3581 board–feet B) 2387 board–feet C) 10,146 board–feet D) 2099 board–feet
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