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
<h2>
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Answer:
$5,250
Step-by-step explanation:
The less must pay a minimum down payment that is equivalent to 15% the sales price of the new car.
Given that the price of the new car is $35,000, the product of 15% with this amount will equal the down payment.
As such, the down payment
= 15% * $35,000
= 0.15 * $35,000
= $5,250
About 39 cats are in the shelter
7 cars full and 5 people on the next car