For problem 39 - 41, use the following information:
Adam and his family are planning to rent a midsize car for a one - day trip. In the Standard Rental Plan, they can rent a car or $52 per day + 23 cents per mile. In the Deluxe Rental Plan, the can rent a car for $80 per day with unlimited mileage.
40. Estimate the break - even point of the rental costs.
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OpenStudy (saifoo.khan):
SRP:
y = 0.23x + 52
DRP:
y = 80
OpenStudy (firejay5):
ok
OpenStudy (firejay5):
@saifoo.khan What would 41 be?
OpenStudy (saifoo.khan):
y = 0.23x + 52
y = 0.23(15) + 52
OpenStudy (firejay5):
where did you get 15
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OpenStudy (saifoo.khan):
150*
sorry.
typo
OpenStudy (firejay5):
y = 86.5
OpenStudy (saifoo.khan):
So it's 86.5
They would've chose Option B.
since it's $80
OpenStudy (firejay5):
Is choice B cheaper or what
OpenStudy (saifoo.khan):
Ofcourse.
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OpenStudy (firejay5):
sorry okay
OpenStudy (firejay5):
what's the break even point of the plans???
OpenStudy (saifoo.khan):
i think it's 80. not sure.
OpenStudy (saifoo.khan):
Or it can be:
0.23x + 52 =80
OpenStudy (firejay5):
will that get the break even point?
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