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

question 43

Multiple Choice

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.

• A) $0.50
• B) $0.42
• C) $0.33

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Definitions:

Subsidize

The act of providing financial assistance or support, typically by the government, to reduce the cost of producing goods or services.

Antitrust Laws

Legislation enacted by the government to prevent new monopolies from forming and police those that exist to protect consumers from exploitative practices.

Justice Department

A national executive department responsible for enforcing the law and administering justice, typically including courts and law enforcement entities.

Monopoly Power

The ability of a monopoly to dictate the terms and conditions of the goods or services it provides, including price.