16
QuizMultiple Choice

Business Expenses — Quiz

Question 16 • Financial Math

A food truck has fixed monthly expenses of $⁢1,000 for permits and $⁢500 for insurance. Its variable expenses include $⁢3 per meal served and $⁢200 for ingredients. What is the correct equation for the total monthly expenses E⁡(q) based on the number of meals q served?

Answer
A
cap e times q is equal to 3 q plus 1 comma 700
B
cap e times q is equal to 3 q plus 1 comma 500
C
cap e times q is equal to 3 q plus 1 comma 200
D
cap e times q is equal to 3 q plus 200

Explanation

The fixed monthly expenses are $1,000 + $500 = $1,500. Add the $200 ingredient expense and the $3 cost for each of q meals: E(q) = 3q + 1,700. So the correct choice is “E(q) = 3q + 1,700.”

AI-written and checked against the verified answer.

Previous
Next