Solve the Problem. -Company a Rents Copiers for a Monthly Charge of $90

question 137

Multiple Choice

Solve the problem.
-Company A rents copiers for a monthly charge of $90 plus 6 cents per copy. Company B rents copiers for a monthly charge of $180 plus 3 cents per copy. What is the number of copies above
Which Company A's charges are the higher of the two?

• A)6000 copies
• B)3000 copies
• C)1500 copies
• D)3100 copies

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Definitions:

Investment Goods

Long-term assets purchased for the purpose of generating income, not directly intended for consumption.

Consumer Goods

Goods that are used by consumers for personal or household purposes.

Demand For Money

The desire to hold cash or liquid assets instead of investing or spending, influenced by interest rates, financial uncertainty, and economic activity.

Aggregate Demand

The full scale of demand for goods and services in an economy, specified by a common price level across a particular timeframe.