1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
charle [14.2K]
3 years ago
12

A phone company offers two monthly charge plans. In Plan A, there is no monthly fee, but the customer pays cents per minute of u

se. In Plan B, the customer pays a monthly fee of and then an additional cents per minute of use. For what amounts of monthly phone use will Plan A cost more than Plan B? Use for the number of minutes of phone use in a month, and solve your inequality for .
Business
1 answer:
Andreas93 [3]3 years ago
4 0

Answer:

For more than 180 minutes of phone use.

Explanation:

Let m represent number of minutes of phone use in a month.

We have been given that in Plan A, there is no monthly fee, but the customer pays $0.06 per minute of use.

The cost of using m minutes in plan A would be 0.06m.

We are also told that in Plan B, the customer pays a monthly fee of $4.80 and then an additional $0.03 per minute of use.

The cost of using m minutes in plan B would be 0.03m+4.80.

To find the amounts of monthly phone when Plan A will cost more than Plan B, we will set cost of plane A greater than cost of plan B as:

0.06m>0.03m+4.80

Let us solve for m.

0.06m-0.03m>0.03m-0.03m+4.80

0.03m>4.80

\frac{0.03m}{0.03}>\frac{4.80}{0.03}

m>180

Therefore, Plan A will cost more than Plan B for more than 180 minutes of phone use.

You might be interested in
Based on the corporate valuation model, gray entertainment's total corporate value is $1,150 million. the company's balance shee
vagabundo [1.1K]

Answer:

$26.67 million

Explanation:

The computation of price per share is shown below:-

Total market value = $1,150 million + $120 million

= $1,270 million

Market value of equity = Total market value - value of debt - value of preferred stock

= $1,270 million - ($120 million + $300 million + $50 million)

=  $1,270 million - $470 million

= $800 million

Price per share = Market value of equity ÷ Stock outstanding

= $800 million ÷ $30 million

= $26.67 million

5 0
3 years ago
Suppose that Italy and Germany both produce beer and stained glass. Italy's opportunity cost of producing a pane of stained glas
Dimas [21]

Answer:

Explanation: See attachment below

3 0
3 years ago
Read 2 more answers
You just hung up the phone after a 3-hour conference call with your colleagues in India. After the call, one of your co-workers
Llana [10]

Answer: Examine your expectations for conducting the meeting and determine how they might be different than your Indian colleagues.

Explanation:

Cross-cultural communication looks at how people from different cultural backgrounds communicate among themselves. The aim of cross-cultural communication is to bring together people with cultural differencces in such a way that the cultural differences shouldn't be a barrier.

Cross-cultural communication is understanding ways by which culturally distinct individuals relate and communicate with each other.

Regarding the question, the best way to improve one's cross cultural communication will be to examine the expectations one has for conducting the meeting and then determine how the expectations might be different from my Indian colleagues.

6 0
2 years ago
You are the manager of College Computers, a manufacturer of customized computers that meet the specifications required by the lo
sertanlavr [38]

The price and quantity of computers that should be produced to maximize the firm’s profits will be $360 and 80 computers.

The demand curve for College Computers is given as (Q) = 800 - 2P where, P = 400 - 0.5Q.

Therefore, the weekly total revenue will be:

= (400 - 0.5Q) × Q

= 400Q - 05Q²

Marginal revenue = 400 - Q

Weekly cost of producing computers will be:

= 1200 + 2Q²

Marginal cost = 4Q

Maximum profit will b earned when MR = MC

Therefore, 400 - Q = 4Q

Collect like terms

4Q + Q = 400

5Q = 400

Q = 400/5

Q = 80

Quantity = 80 units

Therefore, the price will be:

P = 400 - 0.5Q

P = 400 - 0.5(80)

P = 400 - 40.

P = 360

The price is $360.

The weekly total revenue will be:

TR = price × quantity.

TR = 360 × 80

TR = $28800

The total cost will be:

TC = 1200 + 2(80)²

TC = 1200 + 12800

TC = 14000

Therefore, the profit will be:

= TR - TC

= $28800 - $14000

= $14800

Read related link on:

brainly.com/question/25238337

3 0
2 years ago
Mr. C made the following gifts: $12,000 to a university to pay tuition costs for his niece. An undeveloped tract of land to his
Nonamiya [84]

Answer:

$10,000

Explanation:

Gifts are only taxed when their fair market value is higher than $15,000. Any gifts made to your spouse are not taxable. Gift taxes are calculated on a  per person base, as long as they do not exceed the lifetime exemption (which is $11.58 million).

The tuition costs of her niece are not taxable since they are less than $12,000. The stocks given to his wife are not taxable either. The only taxable gift is the land given to his sister which had a FMV of $25,000. The taxable amount = $25,000 - $15,000 = $10,000

5 0
3 years ago
Other questions:
  • On April 1st, Bob the Builder entered into a contract of one-month duration to build a barn for Nolan. Bob is guaranteed to rece
    14·1 answer
  • Felicia knits scarves and sells them to her friends. The first week, she knits four scarves and sells three for $50 each. The ne
    15·2 answers
  • Jill Scott is an accountant with Cameron and Associates, a law firm in downtown Seattle. The firm maintains a checking account w
    14·1 answer
  • On June 1, 2021, Royal Property Management entered into a one-year contract to oversee leasing and maintenance for an apartment
    9·1 answer
  • Tools for a company’s survival include adaptability and flexibility. Bill Ford’s decision to willingly step down as CEO and admi
    8·1 answer
  • In both Gamma and Delta average labor productivity is $20,000 per worker per year. The population of Gamma is 200,000 and the po
    6·1 answer
  • 1. Explain interpersonal skills in your own words
    11·1 answer
  • Roberts Supply, Inc. provides the following data taken from its third quarter budget: Sep $83,000 $67,000 $59,000 Jul Aug ter Ca
    13·1 answer
  • Sunk costs:
    10·1 answer
  • Provide 8 factors that impede business ability of Africans
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!