Finding Intercepts in Real-World Cost Scenarios

A car rental company charges a flat fee of $50 plus $20 for each day the car is rented. What is the y-intercept of the cost function, and what does it represent in this context?

• 50

• $20

• $50 per day

• $70

A local bakery sells cupcakes for $3 each and has a fixed cost of $30 for ingredients. What is the x-intercept of the revenue function, and what does it signify?

• 15

• 20

• 10

• 5

A gym charges a monthly membership fee of $40 and an additional $10 for each class attended. What is the y-intercept of the total cost function, and what does it indicate?

• 50

• 0

• 40

• 30

A phone company offers a plan that costs $25 per month plus $0.10 per minute of calls. What is the x-intercept of the cost function, and what does it mean in this scenario?

• -100

• -500

• -250

• 0

A farmer sells apples for $2 each and has fixed costs of $100 for equipment. What is the y-intercept of the revenue function, and what does it represent?

• $100

• $2

• $50

• 0

A concert venue has a fixed cost of $500 for hosting an event and charges $15 per ticket sold. What is the x-intercept of the profit function, and what does it indicate?

• 50

• 25

• 100

• 33.33

A subscription service charges $10 per month and has a one-time setup fee of $50. What is the y-intercept of the total cost function, and what does it represent?

• $10

• $50

• $100

• 50

A taxi service charges a base fare of $3 plus $2 for each mile driven. What is the x-intercept of the fare function, and what does it signify?

• 1.5

• 0

• -1.5

• 3

A school is selling tickets for a fundraiser at $5 each, with a fixed cost of $200 for the event. What is the y-intercept of the revenue function, and what does it indicate?

• $0

• $5

• $200

• -200

A delivery service charges a flat fee of $15 plus $1 for each mile driven. What is the x-intercept of the total cost function, and what does it mean in this context?

• -15

• -1

• 0

• $15