The monthly electricity bill for Company XYZ comprises of two components: a flat subscription fee of $250 per month and constant rate per kilo watt of $10. Assume that Company XYZ consumed 500 kilo watts during the month of December, how much the total electricity bill, in ($) value, for the month of December would be? Select one: O a. 5,250 O b. 500 O c. None of the given answers O d. 750 O e. 5,000

ENGR.ECONOMIC ANALYSIS
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Chapter1: Making Economics Decisions
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The monthly electricity bill for Company XYZ comprises of two components: a
flat subscription fee of $250 per month and constant rate per kilo watt of $10.
Assume that Company XYZ consumed 500 kilo watts during the month of
December, how much the total electricity bill, in ($) value, for the month of
December would be?
Select one:
O a. 5,250
O b. 500
O c. None of the given answers
O d. 750
O e. 5,000
Transcribed Image Text:The monthly electricity bill for Company XYZ comprises of two components: a flat subscription fee of $250 per month and constant rate per kilo watt of $10. Assume that Company XYZ consumed 500 kilo watts during the month of December, how much the total electricity bill, in ($) value, for the month of December would be? Select one: O a. 5,250 O b. 500 O c. None of the given answers O d. 750 O e. 5,000
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