(6) 3. In Hazlet, rental of a Fenske 26 ft moving truck costs $49.95 + $0.59 per mile and Me-Haul costs $39.95 plus $0.99 per mile.
a. Write an equation for the cost of each.
b. Set up the equation to determine the break even point.
c. What does the break even point mean in the context of this problem?
d. Without graphing what is the ordered pair for the breakeven point.
e. What company has the steeper graph?
f. For what distance is Me-Haul cheaper?
Penske cost = 49.95 + .59 x x = miles
U-Haul cost = 39.95 + .99 x x = miles
b set the above equations = to each other and solve for x
if you drive x miles the two trucks are same price
less than x miles means U-Haul is cheaper
more than x miles Penske costs less
steeper graph will have the bigger 'x' coefficient : Uhaul @ 99