A marketing company can lease a fleet of automobiles for its sales personnel for $35 per day plus $0.18 per mile for each vehicle.As an alternative, the company can pay each salesperson $0.45 per mile...


A marketing company can lease a fleet of automobiles for its sales personnel for $35 per day plus $0.18 per mile for each vehicle.As an alternative, the company can pay each salesperson $0.45 per mile to use his or her own automobile. If these are the only costs to the company, how many miles per day must a salesperson drive for the two alternatives to break even?



Jan 05, 2022
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