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Question
building bonds puts on team - building events. the company charges a base rate of $45 per event, plus $7.50 per participant. write an equation showing how the cost of an event, y, depends on the number of participants, x. do not include dollar signs in the equation. y =
Step1: Identify fixed - cost and variable - cost
The base rate of $45$ is a fixed cost per event. The cost per participant is $7.50$, and if the number of participants is $x$, the variable cost is $7.5x$.
Step2: Form the cost equation
The total cost $y$ is the sum of the fixed cost and the variable cost. So, $y=45 + 7.5x$.
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$y = 45+7.5x$