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Question 22
1 pts
ACME Rentals rents a 12-foot truck at a rate of $35 plus $0.20 per mile. Audrey has a rental budget of $45 to move to
a new apartment. How many miles can she drive the truck without exceeding her budget?
225
175
50
0.5
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Answer:

50

Step-by-step explanation:

cost function : 35 + 0.2m = 45

35 = fixed cost

0.2 = variable cost

Fixed costs are costs that do not vary with output. e,g, rent, mortgage payments

Variable costs are costs that vary with production

m = miles driven

combine like terms

0.2m = 45 - 35

0.2m = 10

m = 50