SOLUTION: The cost of driving a car includes both fixed costs and mileage costs. Assume that it costs $160.50 per month for insurance and car payments and $0.22 per mile for gasoline, oil, a
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-> SOLUTION: The cost of driving a car includes both fixed costs and mileage costs. Assume that it costs $160.50 per month for insurance and car payments and $0.22 per mile for gasoline, oil, a
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Question 624332: The cost of driving a car includes both fixed costs and mileage costs. Assume that it costs $160.50 per month for insurance and car payments and $0.22 per mile for gasoline, oil, and routine maintenance.
(a) Find values for m and b so that y = mx + b models the monthly cost of driving the car x miles.
(b) What does the value of b represent?
(a) m =
b = Answer by solver91311(24713) (Show Source):
You have fixed costs and variable (mileage) costs. The variable (mileage) costs need to be associated with the variable that represents the total miles driven. The costs that stay the same no matter what the mileage are the value that is not associated with the variable.
John
My calculator said it, I believe it, that settles it
