number 8 The Biology department is deciding whether to purchase or rent a photoc
ID: 3120871 • Letter: N
Question
number 8
Explanation / Answer
1) Over long term which one is beneficial;
given P(x) = 5600+25x + 180x;
R (x) = 85x+360x;
so we have P(x) = 5600+205x;
R(x) = 445x;
at x > 24 purchasing will be beneficial;
b) when is it better to rent;
when x< 24 its better to rent than purchase;
c) are Above given equation justified for all the times
No after the purchase of printer fixed amount 5600 will not be applicable after second month;
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