SOLUTION: The cost, c(x), for parking in a hospital lot is given by c(x) = 5x + 3.00, where x is the number of hours. What does the slope mean in this situation?

Algebra.Com
Question 1077609: The cost, c(x), for parking in a hospital lot is given by c(x) = 5x + 3.00, where x is the number of hours. What does the slope mean in this situation?
Answer by josgarithmetic(39621)   (Show Source): You can put this solution on YOUR website!
Price Rate.


The minimum cost will still be $3 if one parks for only a small fraction of an hour.

RELATED QUESTIONS

Danny parks his car at a parking lot for a flat fee of $2.00 plus $0.25 per hour that his (answered by Boreal)
the parking cost at the local airport (in dollars) is C=2+1.75(h-1), where h is the... (answered by Fombitz)
The parking cost at the local airport (in dollars) is C=2+1.75(h-1) where h is the number (answered by stanbon)
Determine what m and b represent: The cost, in dollars, of retaining the services of a... (answered by KMST)
Suppose that the cost function for the production of a particular item is given by the... (answered by htmentor)
The cost of manufacturing tires is given by c = 100(x + 4)^1/2, where c is the cost in... (answered by stanbon)
The cost of producing x fruit rolls at Mickie’s Bakery is given by the function C(x) =... (answered by Princess black)
Dale rented a truck for one day. There was a base fee of $9.00, and there was an... (answered by Alan3354)
the cost in millions of dollars for a company to manufacture x thousand automobiles is... (answered by MathLover1)