Use the Following to Answer Questions

question 72

Short Answer

Use the following to answer questions :
A car rental company charges a flat fee of $21.50 and an hourly charge of $14.50. This means that cost is a function of the hours the car is rented plus the flat fee.
-Determine the domain and range of the function in this context, if your budget limits you to paying a maximum of $210 for the rental.

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Definitions:

Marginal Cost

The cost added by producing one additional unit of a product or service.

Total Fixed Cost

The total of all expenses that do not vary with the amount of production or output.

Average Total Cost

The cost per unit of output, calculated by dividing the total production cost by the quantity of units produced.

Basketballs

Inflated balls used in the game of basketball, designed according to specific regulations in terms of size and weight.