QUESTION IMAGE
Question
this is a multi - part item.
a refrigerator costs $850. the estimated yearly operating cost of the
refrigerator is $62.
average annual cost = \\(\frac{\text{purchase price + total operating cost}}{\text{number of years}}\\)
which expression represents the total cost, in dollars, of owning the
refrigerator for x years?
Step1: Identify fixed and variable costs
The purchase price is a fixed cost (\$850). The operating cost is variable: \$62 per year, so for \( x \) years, it's \( 62x \).
Step2: Calculate total cost
Total cost = Purchase price + Total operating cost = \( 850 + 62x \).
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\( 850 + 62x \)