All you do is add 3.0 and 2.5
This would give u 5.5
Correct me if i'm wrong, but i hope it helps
Answer:
The indifference point is 8 weeks.
Step-by-step explanation:
<u>First, we establish the total cost formula for each:</u>
x= number of weeks
Club:
Total cost= 20 + 15*x
Retail:
Total cost= 17.5*x
<u>Now, we equal both formulas and isolate x:</u>
20 + 15x = 17.5x
20 = 2.5x
8=x
The indifference point is 8 weeks.
<u>Prove:</u>
Total cost= 20 + 15*8= $140
Total cost= 17.5*8= $140
Answer:
y= 5.333
Step-by-step explanation: