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For each of the following cost items (1 through 11), choose the graph (a through l) that best… 1 answer below » For each of the following cost items (1 through 11), choose the graph (a through l) that best represents it. 1. The cost of utilities at a university. For low student enrollments, utility costs increase with enroll- ment, but at a decreasing rate. For large student enrollments, utility costs increase at an increasing rate. 2. The cost of on-line back-up storage at a rate of $2.50 per gigabyte, up to 50 gigabytes, beyond which storage is unlimited. 3. The cost of outsourcing diagnostic blood testing by a hospital. The hospital pays an independent lab a fee of $1,000 per month plus $3 for each test done. 4. The salary costs of the shift supervisors at a truck depot. Each shift is eight hours. The depot oper- ates with one, two, or three shifts at various times of the year. 5. The salaries of the security personnel at a factory. The security guards are on duty around the clock. 6. The wages of table-service personnel in a restaurant. The employees are part-time workers, who can be called upon for as little as two hours at a time. 7. The cost of electricity during peak-demand periods is based on the following schedule. ■ The price schedule is designed to discourage overuse of electricity during periods of peak demand. 8. The cost of sheet metal used to manufacture automobiles. 9. The cost of chartering a private airplane. The cost is $410 per hour for the first three hours of a flight. Then the charge drops to $305 per hour. 10. Under a licensing agreement with a South American import/export company, your firm has begun shipping machine tools to several countries. The terms of the agreement call for an annual licensing fee of $95,000 to be paid to the South American import company if total exports are under $4,500,000. For sales in excess of $4,500,000, an additional licensing fee of 9 percent of sales is due. 11. Your winery exports wine to several Pacific Rim countries. In one nation, you must pay a tariff for every case of wine brought into the country. The tariff schedule is the following: 0 to 6,000 cases per year …………………………………………………… $11 per case 6,001 to 12,000 cases per year …………………………………………… $14 per case Above 12,000 cases per year ………………………………………………. $19 per case (a) (b) (c) (d) Dec 04 2015 02:32 PM
