You are given the job of driving small u-haul from college to home town and then back again to college. You will get $0.63 for every mile you drive, but it will cost you $0.50(gasoline) for each mile you drive, plus the fixed rate of $32.50 torent the truck for the entire trip. It is 360 miles from college to home town.
i) Determine the breaeven point (in miles)?
ii) What is the profit when you get to the home town?
iii) What is the total profit from entire trip?