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The Cost for Burning a 75-Watt Bulb Is Given by the Function

question 43

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The cost for burning a 75-watt bulb is given by the function c ( h ) = 0.0045 h , where h represents the number of hours that the bulb burns. How much does it cost to burn a 75-watt bulb for 3 hours per night for a 31-day month? Express your answer to the nearest cent.


Definitions:

Productivity

The measure of efficiency in converting inputs into useful outputs in production.

Input Demand Curves

Graphical representations that show the quantity of inputs a firm demands at different input prices.

Rent

Payment, typically made monthly, for the use of land, a building, an apartment, an office, or other property.

Potential Users

Individuals or entities that could use or benefit from a product or service but have not yet done so.

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