Answer:
$33.85
Explanation:
Given that,
Cost from a local home improvement store, Fixed cost = $19
Variable cost = $0.33 per unit
Let x be the number of minutes over 75 minutes.
Therefore, the cost function is as follows:
Total cost = Fixed cost + Variable cost
= $19 + $0.33x
Cost to rent for 2 hours:
x = 120 minutes - 75 minutes
= 45 minutes
At x = 45 minutes, the cost will be:
= $19 + ($0.33 × 45)
= $19 + $14.85
= $33.85
