Substitute to Find the Value of the Expression $t$ Represents the Time It Takes Bill to Do the Job

question 69

Multiple Choice

Substitute to find the value of the expression.
-Bill takes four times as long to do a job as Jose. Suppose $t$ represents the time it takes Bill to do the job. Then $t / 4$ represents the time it takes Jose. How long does it take Jose if it takes Bill 63 minutes?

• A) \(252.00 \mathrm {~min}\)
• B) \(59.00 \mathrm {~min}\)
• C) \(67.00 \mathrm {~min}\)
• D) \(15.75 \mathrm {~min}\)

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Definitions:

Total Revenue

The total income generated from the sale of goods or services before any expenses are subtracted.

Long Run

An economic period in which all inputs, including capital, can be adjusted, allowing firms to fully adapt to market changes.

Output

The total amount of goods and services produced by an economy or a production process over a certain period of time.

Marginal Cost

The cost of producing one additional unit of a product or service, which varies depending on the level of production.