Write a Function That Represents the Data Shown Below A)C(x) = 20x + 14
B)C(x) = 24x
C)C(x) =

question 55

Multiple Choice

Write a function that represents the data shown below. The number of hours and the total cost are for a technical support phone service that charges by the hour (or any part of an hour) . $$\begin{array} { | c | c | } \hline \text { Hours } & \text { Total Cost } \\\hline 2 & 54 \\\hline 3 & 76 \\\hline 4 & 98 \\\hline 5 & 120 \\\hline\end{array}$$

• A)C(x) = 20x + 14
• B)C(x) = 24x
• C)C(x) = 27x
• D)C(x) = 22x + 10

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Definitions:

Utility Function

An economic concept that measures preferences over a set of goods and services, reflecting satisfaction or happiness.

Indifference Curve

A graphical representation in microeconomic theory of all possible bundles of goods between which a consumer is indifferent, showing preferences of equal utility.

Same Amount Of X And Y

This refers to a situation or condition where quantities or magnitudes of two variables, X and Y, are equal.

Utility Function

A mathematical representation of how a consumer derives satisfaction from consuming goods and services, depending on the quantity consumed.