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17 November, 00:45

Jeff prepares meals in the home of his customers. His fixed cost for transportation and supplies is $14.50. The labor and groceries needed for each family meal is $8.80, so the expense function is E=5.7q+8.8. T or F

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  1. 17 November, 01:10
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    The expense function is:E (q) = m q + b, where b stays for Fixed costs. In this case:m = 8.8 (the labor and groceries for each family meal) and b = 14.5So E = 8.8 q + 14.5, not E = 5.7 q + 8.8Answer: False
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