Exhibit 13-6 In Exhibit 13-6, if the rental price of each sewing machine is $70, how many machines should be used?

Question

Exhibit 13-6  In Exhibit 13-6, if the rental price of each sewing machine is $70, how many machines should be used?

Quizplus · Accepted Answer

At 3 sewing machines, the total cost for renting the machines ($210) is equal to the total cost for buying a new machine ($210). Any fewer than 3 machines would be more expensive than buying a new machine, and any more than 3 machines would be more expensive than renting a new machine.

Exhibit 13-6 in Exhibit 13-6, If the Rental Price