A company rents cars at $40 a day and 15 cents a mile. Its competitor's cars are $50 a day and 10 cents a mile.
a. For each company, give a formula for the cost of renting a car for a day as a function of the distance traveled.
b. On the same axes, graph both functions.
c. Decide which company is cheaper.
***Not really sure how to start this off! @jim_thompson5910 :)
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jimthompson5910 (jim_thompson5910):
Start off by defining variables
jimthompson5910 (jim_thompson5910):
So how many variables will we need?
OpenStudy (anonymous):
umm 2? one for days and one for miles?
jimthompson5910 (jim_thompson5910):
close, but no
jimthompson5910 (jim_thompson5910):
one for miles, yes
but you don't need one for days
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jimthompson5910 (jim_thompson5910):
Let
x = number of miles
y = total cost (for the entire day)
OpenStudy (anonymous):
ohhh okay i see... so we need to come up with 2 equations right? one for company a and one for company b?
jimthompson5910 (jim_thompson5910):
For the first company, it says that it "rents cars at $40 a day and 15 cents a mile"
So what is the equation?
OpenStudy (anonymous):
40x+15y ?
jimthompson5910 (jim_thompson5910):
what is y again?
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OpenStudy (anonymous):
ohhh oops...
so y=40+15x ?
jimthompson5910 (jim_thompson5910):
closer
jimthompson5910 (jim_thompson5910):
it's not $15 a mile though
OpenStudy (anonymous):
oh right!
y=40+0.15x ?
jimthompson5910 (jim_thompson5910):
good
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jimthompson5910 (jim_thompson5910):
now find the other equation
OpenStudy (anonymous):
yay!
okay would the other one be
y=50+0.10x ?
jimthompson5910 (jim_thompson5910):
correct
OpenStudy (anonymous):
awesome! :) so are we done with part a?
jimthompson5910 (jim_thompson5910):
yep, now onto part b
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OpenStudy (anonymous):
okay, so that's graphing both of those equations?
jimthompson5910 (jim_thompson5910):
yes
jimthompson5910 (jim_thompson5910):
on the same axis
OpenStudy (anonymous):
okay, soooo for company one, it should hit the y axis at 40 right?
but how do I graph the 0.15x part? :/
jimthompson5910 (jim_thompson5910):
0.15 is the slope
0.15 = 15/100 = 3/20
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OpenStudy (anonymous):
ohh okay... so it'd be something like this? |dw:1390012189665:dw| did I graph that correctly?