Mr. X and Mr. Y rent their ice out to the community whenever possible. Mr. X...
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Mr. X and Mr. Y rent their ice out to the community whenever possible. Mr. X charges a flat rate of $20.00 plus $15.00 for every hour rented. Mr. Y charges $50.00 for a flat rate but only asks for $10.00 for every hour rented. (i) (ii) (iii) Write an equation to model the cost of renting the ice surface for each arena? Determine the intersection point of the equations. What does this intersection point represent? Explain when it is best to use Mr. X's service and when it is best to use Mr. Y's service. Mr. X and Mr. Y rent their ice out to the community whenever possible. Mr. X charges a flat rate of $20.00 plus $15.00 for every hour rented. Mr. Y charges $50.00 for a flat rate but only asks for $10.00 for every hour rented. (i) (ii) (iii) Write an equation to model the cost of renting the ice surface for each arena? Determine the intersection point of the equations. What does this intersection point represent? Explain when it is best to use Mr. X's service and when it is best to use Mr. Y's service.
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i Lets denote the number of hours rented as hh The cost for Mr Xs service CXCX can be mo... View the full answer
Related Book For
Probability And Statistics For Engineering And The Sciences
ISBN: 9781305251809
9th Edition
Authors: Jay L. Devore
Posted Date:
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