AnswersFinancial MathBusiness Expenses

Business Expenses — Quiz Answers

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1
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What is the total monthly variable expense for your store?

A
5 dollars comma 400
B
1 dollars comma 400
C
4 dollars comma 200
D
5 dollars comma 000
2
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A small bicycle-repair shop has the following details: - The cost to repair each bicycle is $⁢10.00 - The fixed costs are $⁢20.00 - The total expense function is given by E⁡(q)=20+10⁢q , where q is the number of bicycles repaired and E⁡(q) is the total expense. Given the expense function E⁡(q)=20+10⁢q , which graph correctly represents the relationship between the number of bicycles repaired q and the total expenses E⁡(q) ?

A
Image with description A line chart. The x-axis is labeled from 0 to 10 and the y-axis is labeled from 0 to 140. The y-axis is E(q). A line goes upward through points (0, 10), (3, 40), (5, 60), (7, 80), (9, 100), and (10, 110).
B
Image with description A line chart. The x-axis is labeled from 0 to 10 and the y-axis is labeled from 0 to 140. The y-axis is E(q). A line goes straight through from (0, 10) to (10, 10).
C
Image with description A line chart. The x-axis is labeled from 0 to 10 and the y-axis is labeled from 0 to 140. The y-axis is E(q). A line goes upward through points (0, 20), (2, 40), (4, 60), (6, 80), (8, 100), (10, 120).
D
Image with description A line chart. The x-axis is labeled from 0 to 10 and the y-axis is labeled from 0 to 140. The y-axis is E(q). A line goes upward through points (0, 20), (4, 80), (8, 140).
7

A small cleaning service has the following details: - The cost to clean each house is $⁢5.00 - The fixed costs are $⁢30.00 - The total expense function is given by E⁡(q)=30+5⁢q , where q is the number of houses cleaned and E⁡(q) is the total expense. Given the expense function E⁡(q)=30+5⁢q , which graph correctly represents the relationship between the number of houses cleaned q and the total expenses E⁡(q) ?

A
Image with description A line chart. The x-axis is labeled from 0 to 10 and the y-axis is labeled from 0 to 140. The y-axis is E(q). A line goes upward through points (0, 20), (4, 40), (8, 60), and (10, 70).
B
Image with description A line chart. The x-axis is labeled from 0 to 10 and the y-axis is labeled from 0 to 140. The y-axis is E(q). A line goes upward through points (0, 20), (2, 40), (4, 60), (6, 80), (8, 100), and (10, 120).
C
Image with description A line chart. The x-axis is labeled from 0 to 10 and the y-axis is labeled from 0 to 140. The y-axis is E(q). A line goes upward through points (0, 30), (3, 60), (5, 80), (7, 100), (9, 120), and (10, 130).
D
Image with description A line chart. The x-axis is labeled from 0 to 10 and the y-axis is labeled from 0 to 140. The y-axis is E(q). A line goes upward through points (0, 30), (2, 40), (6, 60), and (10, 80).
8

Given the expense function E⁡(q)=5+4⁢q , which table correctly represents the relationship between the quantity q and the total expenses E⁡(q) ?

A
Table with 2 columns and 4 rows.Row 1: Column 1, 'Quantity q'; Column 2, 'Expense cap e times q' Row 2: Column 1, '0'; Column 2, '5' Row 3: Column 1, '1'; Column 2, '8' Row 4: Column 1, '2'; Column 2, '11'
B
Table with 2 columns and 4 rows.Row 1: Column 1, 'Quantity q'; Column 2, 'Expense cap e times q' Row 2: Column 1, '0'; Column 2, '4' Row 3: Column 1, '1'; Column 2, '8' Row 4: Column 1, '2'; Column 2, '12'
C
Table with 2 columns and 4 rows.Row 1: Column 1, 'Quantity q'; Column 2, 'Expense cap e times q' Row 2: Column 1, '0'; Column 2, '5' Row 3: Column 1, '1'; Column 2, '7' Row 4: Column 1, '2'; Column 2, '9'
D
Table with 2 columns and 4 rows.Row 1: Column 1, 'Quantity q'; Column 2, 'Expense cap e times q' Row 2: Column 1, '0'; Column 2, '5' Row 3: Column 1, '1'; Column 2, '9' Row 4: Column 1, '2'; Column 2, '13'

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