For the first 24 hours rent, the FIXED cost = x dollars
Hence the remaining 36-24 = 12 hours are billed @ y dollars/hour
=>VARIABLE Cost incurred = 12y dollar
=> Total cost incurred = Fixed Cost + Variable Cost
(x + 12y ) (OPTION A)
To rent a tractor, it costs a total of x dollars for the first 24 hours, plus y dollars per hour for each hour in excess of 24 hours. Which of the following represents the cost, in dollars, to rent a tractor for 36 hours? Print
Modified on: Tue, 12 Oct, 2021 at 12:14 PM
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