The Cost for a Cell Phone Plan at Store a Starts

question 109

Multiple Choice

The cost for a cell phone plan at Store A starts at $26.99 per month plus $0.04 per minute. The cost for a cell phone plan at Store B starts at $36.99 per month plus $0.02 per minute. Determine the number of cell phone minutes used for which the monthly cost is the same at both Store A and Store B.

• A) 500 minutes
• B) 1066 minutes
• C) 0 minutes
• D) 167 minutes
• E) 3199 minutes

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Definitions:

Public Good

A good that is non-excludable and non-rivalrous, meaning it can be used simultaneously by more than one person without reducing its availability to others.

Hardwood Forest

Forests predominantly made up of deciduous trees that lose their leaves annually, known for their dense, high-quality wood.

Non-excludable

A property of a good or service that makes it impossible, or highly impractical, to prevent individuals from using the good or service once it is provided.

Public Goods

Goods that are non-excludable and non-rivalrous in consumption, meaning they can be consumed by everyone and one person's consumption does not reduce the availability for others.