Solve the Problem. -An Electric Company Has the Following Rate Schedule for Electricity

question 29

Short Answer

Solve the problem.
-An electric company has the following rate schedule for electricity usage in single-family residences:

What is the charge for using 300 kilowatts in one month?
What is the charge for using 375 kilowatts in one month?
Construct a function that gives the monthly charge C for x kilowatts of electricity.

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Definitions:

Expected Sales

The projected amount of sales revenue that a company anticipates to earn in a future period.

Financial Budgets

Plans that predict revenues, expenses, and cash flows over a specific period, helping businesses allocate resources and manage finances effectively.

Operating Budgets

Comprehensive financial plans used by an organization to forecast its expected revenues and expenses for a future period, guiding daily operations.

Budgeted Volume

The anticipated quantity or amount of sales, production, or activity planned for a future period.