Solve for x using the property of bisected diagonals CN=20 ln=6x-2
2 answers:
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Answer:
The linear cost function is dollar.
Step-by-step explanation:
Given : A parking garage charges 4 dollars plus 65 cents per half-hour. A linear cost function for the situation is C(x)=L.
To find : Write a linear cost function for the situation ?
Solution :
Cost function is defined as sum of marginal cost and fixed cost.
Let x be the number of hours i.e. time for which parking cost.
A parking garage charges 4 dollars plus 65 cents per half-hour.
The fixed price is $4.
Marginal cost is 65 cents per half-hour.
Converting cents into dollar,
1 cent = 0.01 dollar
65 cent = 0.65 dollar
The cost of hour = $0.65
The cost of x hours =
So, marginal cost is $1.3x.
Cost function is defined as
dollar.
Therefore, The linear cost function is dollar where x is the number of hours.
Answer:
- Peter is a compulsive gamer. He decides to buy World of Warcraft, all of its expansions, Starcraft 2, a PS3, a Wii, and an Xbox 360 since prices in general have been rising at an alarming rate. <u>INFLATION </u>
- <u> </u>Melissa decides to start her own personal library and chooses to amass a private collection of books and magazines about world religions, cooking, comics, and economics. As she reads an issue of The Economist, she discovers overall price levels have changed only 0.01% in the past 2 years and decides it doesn't matter whether she starts the project now or later. <u>PRICE STABILITY</u>
- Linda postpones her wedding even though most food prices and most service prices were dropping this year, which would help keep the cost of the wedding down. <u>DEFLATION</u>
<u>Linda's</u> money earned the most value because deflation means that the currency is gaining value as time passes. It is the opposite to inflation where a currency loses value as time passes.
