Based on the data provided, which statement about the total cost for one year is true? A=The offers from both companies are equally cost effective. B=The offer from company A, with the repair contract, is more cost effective than company B's offer. C=The offer from company B, with the repair contract, is more cost effective than company A's offer. D=The offer from company A, without the repair contract, is more cost effective than company B's offer.
@mathstudent55 @mathos @thomaster please help me understand this question
The cost of a piece of machinery is $1,750 if supplied by company A and $1,680 if supplied by company B. Company A's contract offers unlimited repairs for $25 per month. Company B's contract charges $150 per repair. -The table lists the probabilities of the number of repairs required by company B's machinery during one year. Number of Repairs 0 1 2 3 Probability .25 0.41 0.22 0.12
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its not B The offer from company A, with the repair contract, is more cost effective than company B's offer.
answer: The offer from company B, with the repair contract, is more cost effective than company A's offer.
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