Problem

Cost The cost of renting tuxes for the Choral Society’s formal is $20 down...

Cost The cost of renting tuxes for the Choral Society’s formal is $20 down, plus $88 per tux. Express the cost C as a function of x, the number of tuxedos rented. Use your function to answer the following questions.

a. What is the cost of renting 2 tuxes?

b. What is the cost of the 2nd tux?

c. What is the cost of the 4,098th tux?

d. What is the variable cost? What is the fixed cost? What is the marginal cost?

e. Graph C as a function of x.

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