The total cost of placing an advertisement in a newspaper compromises of a fixed cost of $3.50 and a variable cost that depends on the number of words. Each word costs 25 cents. Find the total cost of pacing an advertisement containing 22 words?
- $9.00
- $7.00
- $8.00
- None of these
Explanation
Let's calculate the total cost of placing an advertisement containing 22 words:
Fixed cost = $3.50
Variable cost = 22 words x $0.25 per word = $5.50
Total cost = Fixed cost + Variable cost = $3.50 + $5.50 = $9.00
So, the total cost of placing an advertisement containing 22 words is $9.00.
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