Answer:
y = 100 + 45x
Explanation:
The cost structure of Keith expenditures can be referred to as mixed cost cost. A mixed cost is which a portion is fixed and the other variable.
The fixed portion does not depend on Keith accessing the phone service or not
While the variable cost depends upon the number of months for which he will access the service.
The total amount of expenditure he will spend is represented by the equation below:
y = 100 + 45x
y is the total expenditure on phone
100 is the fixed cost i.e the amount deposited
45 is the variable cost per month
x- is the number of month