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majarm majarm
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5 years ago
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: 11th
Authors:
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josanjosan
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5 years ago
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More solutions for this book are available here
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:


1

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majarm Author
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5 years ago
this is exactly what I needed
wrote...

Yesterday
Good timing, thanks!
wrote...

2 hours ago
Helped a lot
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