Solve the Problem $\$ 50$ For the First 20 Miles And $\$ 8$

question 178

Multiple Choice

Solve the problem.
-The charges for renting a moving van are $\$ 50$ for the first 20 miles and $\$ 8$ for each additional mile. Assume that a fraction of a mile is rounded up. (i) Determine the cost of driving the van 88 miles.
(ii) Find a symbolic representation for a function $\mathrm { f }$ that computes the cost of driving the van $\mathrm { x }$ miles, where $0 < x \leq 100$ . (Hint: express $\mathrm { f }$ as a piecewise-constant function.)

• A) \(\$ 594 ; f ( x ) = \left\{ \begin{array} { l l } 50 & \text { if } 0 < x \leq 20 \\ 50 + 8 ( x - 20 ) & \text { if } 20 < x \leq 100 \end{array} \right.\)
• B) \(\$ 4944 ; f ( x ) = \left\{ \begin{array} { l l } 50 x & \text { if } 0 < x \leq 20 \\ 50 + 8 ( x - 20 ) & \text { if } 20 < x \leq 100 \end{array} \right.\)
• C)$914; \(f ( x ) = \left\{ \begin{array} { l l } 50 & \text { if } 0 < x \leq 20 \\ 50 + 8 ( x + 20 ) & \text { if } 20 < x \leq 100 \end{array} \right.\)
• D) \(\$ 914 ; f ( x ) = \left\{ \begin{array} { l l } 50 & \text { if } 0 < x \leq 20 \\ 50 + 8 ( x - 20 ) & \text { if } 20 < x \leq 100 \end{array} \right.\)

Discuss the significance of transparency, inclusiveness, and openness in public decision-making.

Describe methods to engage various groups in the decision process, highlighting the benefits of brainstorming and focus groups.

Acknowledge the limitations and biases inherent in human decision-making, including groupthink and misallocation of resources.

Understand different decision-making models and their characteristics.

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Definitions:

Marginal External Cost

The cost of producing one additional unit of a good or service that is borne by someone other than the producer or consumer, such as environmental pollution.

Marginal Social Cost

The total cost to society of producing one additional unit of a good, including both private costs and externalities.

Equilibrium Price

The price at which the quantity of a product offered for sale equals the quantity of that product in demand.

Air Cargo

Goods being transported by aircraft, often for commercial purposes or rapid delivery.