Answer:
a)
b)
If we want to minimize the cost then we should rent the Acme Truck company.
Step-by-step explanation:
Assuming the following questions.
(a) Find the daily cost of leasing from each company as a function of the number of miles driven and sketch the graph of these functions.
For the Ace truck we know that leases its 10-ft box truck at $20/day and $0.50/mi. So then f(x) representing the daily cost is given by:
Where x represent the number of miles driven
For the Acme Truck we know that leases a similar truck at $15/day and $0.55/mi, so then the g*x( representing daily cost would be given by:
Where x represent the miles driven.
We can see the plot on the figure attached.
(b) Which company should you rent a truck from for 1 day if you plan to drive 70 miles and wish to minimize cost?
If we replace the value x=70 for both functions we got:
If we want to minimize the cost then we should rent the Acme Truck company.
