Examlex

Solved

Solve Assume the Exercise Describes a Linear Relationship $1.30\$ 1.30 a Call Lasting 14 Minutes Costs

question 74

Multiple Choice

Solve. Assume the exercise describes a linear relationship.
-When making a telephone call using a calling card, a call lasting 4 minutes costs $1.30\$ 1.30 . A call lasting 14 minutes costs $3.30\$ 3.30 . Let yy be the cost of making a call lasting xx minutes using a calling card. Write a linear equation that models the cost of making a call lasting ×\times minutes.


Definitions:

Inflation

The velocity at which the aggregate cost of goods and services ascends, thereby reducing the efficacy of purchasing power.

Quick Ratio

A measure of a company's ability to meet its short-term obligations with its most liquid assets, excluding inventory, also known as the acid-test ratio.

Current Ratio

A liquidity metric that measures a company’s ability to pay short-term obligations with its current assets.

Industry Average

The average performance, metrics, or characteristics of companies within a particular sector.

Related Questions