Question

A car dealership offers customers two pricing options for vehicle repair. Option 1: pay $80 per hour of wok. Option 2: pay a standard fee of $100 plus $400 per hour of work. What is the initial value and the rate of change for option 1

Answer 1

1: The initial value for option one is not charged

The rate of change for option 1 is $80/hr

Explanation:

1. From the pricing options at the car dealership we have;

Option 1

Initial value = Not stated

Fee rate per hour of work = $80

Option 2

Standard fee = $100

Fee rate per hour of work = $400

The initial value for option one is not charged

The rate of change = The increase in payment for each increase in one hour of work = $80/hour

Mathematically, we have;

`The \ rate \ of \ change = (\Delta Payment)/(\Delta Time) = (\$80 - \$0)/(1 \, h- 0 \, h) = \$ 80/hr`