Answer:
The indifference point is 140 minutes.
Step-by-step explanation:
Giving the following information:
Plan A costs $ 25 plus an additional $0.10 for each minute of calls.
Plan B costs $18 plus an additional $0.15 for each minute of calls.
<u>First, we need to establish the total cost formula for each plan:</u>
<u />
Plan A= 25 + 0.1*x
Plan B= 18 + 0.15*x
x= number of minutes
<u>Now, to calculate the indifference point, we equal both formulas and isolate x:</u>
25 + 0.1x = 18 + 0.15x
7 = 0.05x
140=x
The indifference point is 140 minutes.
<u>Prove:</u>
Plan A= 25 + 0.1*140= $39
Plan B= 18 + 0.15*140= $39
Answer:???
Step-by-step explanation:
Answer:
as a deciaml it is 0.1575
Step-by-step explanation:
Answer:
5
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4
Step-by-step explanation:
