Posted by **mathstudent05** on Thursday, May 24, 2007 at 1:10pm.

I have to write a linear cost function for the situation given. And identifying all variables used.

the problem reads:

A parking garage charges 50cents plus 35 cents per hal-hour.

This is what i tried but i am definately not sure how to do it:

cost function = marginal cost(x) + fixed cost

c(x) = 35((x)/(2))+50

can someone help me...

not quite.

test it for a given value, let's say 2 hours.

by common sense we can calculate the cost to be 4(35) + 50 or 190 cents.

you would have to have a value of x=8 to obtain that answer.

Why did you divide by 2? That makes no sense.

I all depends how you define x. Is x in hours or is x in half-hours?

You have to state that after your function.

If x is defined in hours then your equation would be

c(x) = 70x + 50 (it costs 70 cents per hour)

if x is defined in half-hours, you should have

c(x)=35x + 50

thank you reiny for clearifying it for me it makes sence what you say.

## Answer this Question

## Related Questions

- math - a parking lot charges 1.50 for the first hour of parking and 55 cents for...
- math - a parking lot charges $1.50 for the first hour of parking and 55 cents ...
- Economics - A city must decide whether to build a downtown parking garage and ...
- math am i correct (algebra) - margie is certain that every time she parks in the...
- math - a parking garage charges $3.50 per hour to park. c+ 3.5 h how do you ...
- Mathe/algebra...Please - I am really lost I cannot figure out which formula to ...
- pre-algebra - Mrs. Boyd went shopping at city center Mall. she parked her car in...
- math/algebra - I have been asked to answer questions in parts in relation to a ...
- Microeconomics - 1.You plan a major adventure trip for the summer. You won’t be ...
- math,correction - Assume that each situation can be expressed as linear cost ...

More Related Questions