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An electrician charges a flat fee of $90 for a home service call. In addition he charges $25 for ...
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An electrician charges a flat fee of $90 for a home service call. In addition he charges $25 for ...
An electrician charges a flat fee of $90 for a home service call. In addition he charges $25 for every 20 minutes as labour cost. Draw a graph to show the total charge against the time in hours. Calculate the slope of the line.
Textbook
Contemporary Business Mathematics with Canadian Applications
Edition:
11
th
Authors:
Hummelbrunner, Halliday, Hassanlou, Coombs
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Fixed cost = $90 (FC)
Variable cost = $25 for every 20 minutes = $75 per hour (TVC)
Total cost = TC = TVC + FC
TC = $75t + $90
∴ Slope of the line = 75
Following is the graph:
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majarm
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this is exactly what I needed
mikey3091
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Good timing,
thanks!
Holly72492
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Helped a lot
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