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Generate total cost equations as a function of miles

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A Toyota Camry costs $19,600 and has an average gas mileage of 27 Km/L. A Toyota Prius costs $23,000 and has an average gas mileage of 50 Km/L. Assuming gas costs $4 per litre, generate total cost equations as a function of miles driven for each of these cars and identify the the ?xed and variable costs. How many miles do you have to drive before the two cars have the same total cost?

Reference no: EM132284532

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