The employment rate for young adults with some college was higher than the rate for those who had completed high school (63.7 percent), which was, in turn, higher than the employment rate for those young adults who had not finished high school (46.6 percent).
According to The Knot, renting costs 10 to 30 percent of the price of a new tuxedo. CostHelper lists the cost to buy a tuxedo between $300 to $800 for a mid-range suit, but says designer tuxes can cost from $800 to $1,500, sometimes more.
Solving this for gives, so they must sell 700 newspapers in order to break even. 3) The cost of renting tuxes for the Choral Society's formal is $20 down, plus $86 per tux. Express. the cost C as a function of x, the number of tuxedos rented. Solution: Since it costs $20 regardless of how many tuxes you rent, this is the fixed cost. Since itâs $86 per tux, this is the marginal cost. The cost function is thus. Use your function to answer the following questions. a) What is the cost of renting 5 tuxes? Solution: Plug 5 into the cost function to find the cost to rent 5 tuxes: So it costs $450 to rent 5 tuxes.