Question

Cost of Driving a Car The annual fixed costs of owning a small sedan are 4252 dollar, assuming the car is completely paid for. The cost to drive the car is approximately 0.14 dollar per mile. Write a linear equation that relates the cost $C$ and the number $x$ of miles driven annually. Source: $A A A, 2017$

Name: Problem 125, Chapter 2: Algebra and Trigonometry
Uploaded: 2021-04-30T19:54:59-08:00
Duration: 1 min 46 s
Channel: Raushan Kumar
Description: Cost of Driving a Car The annual fixed costs of owning a small sedan are 4252 dollar, assuming the car is completely paid for. The cost to drive the car is approximately 0.14 dollar per mile. Write a linear equation that relates the cost C and the number x of miles driven annually. Source: A A A, 2017

   Cost of Driving a Car The annual fixed costs of owning a small sedan are 4252 dollar, assuming the car is completely paid for. The cost to drive the car is approximately 0.14 dollar per mile. Write a linear equation that relates the cost $C$ and the number $x$ of miles driven annually.
Source: $A A A, 2017$

Algebra and Trigonometry

Michael Sullivan 11th Edition

Chapter 2, Problem 125

Instant Answer

Solved by Expert Raushan Kumar

04/30/2021

Step 1

This is a constant value that does not change regardless of how many miles are driven. Show more…

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Cost of Driving a Car The annual fixed costs of owning a small sedan are 4252 dollar, assuming the car is completely paid for. The cost to drive the car is approximately 0.14 dollar per mile. Write a linear equation that relates the cost $C$ and the number $x$ of miles driven annually. Source: $A A A, 2017$

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Key Concepts

Linear Equation

A linear equation is a mathematical expression that shows a constant rate of change, representing a straight-line relationship between two variables. It typically takes the form y = mx + b, where m is the slope and b is the y-intercept, demonstrating how one variable changes in relation to the other.

Fixed Costs

Fixed costs refer to expenses that remain constant regardless of the level of activity or usage. In cost modeling, these are the costs that do not change with the number of units produced or, in this context, with the number of miles driven.

Variable Costs

Variable costs are expenses that vary directly with the level of activity or usage. In a linear cost model, these costs are represented by the slope, which determines the additional expense incurred for each additional unit of measurement, such as an extra mile driven.

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