Answered

Explore Westonci.ca, the premier Q&A site that helps you find precise answers to your questions, no matter the topic. Discover in-depth answers to your questions from a wide network of professionals on our user-friendly Q&A platform. Get quick and reliable solutions to your questions from a community of experienced experts on our platform.

Sophia and Victoria spend their day at a daycare center while their mother goes to workPicking up her children after 6:30 results in a late fee of $5 per child for every 10 minutes the mother late Due to traffic the mother expects to be 20 minutes late. How much would she be willing to pay for a toll road that would get her to the daycare center on time? A) Any price less than $10.

B) Any price less than 20

C) She would not be to pay out of pocket to avoid traffic.

D) Any price less than 5$

Sagot :

Baraq

Considering the situation described above, Sophia and Victoria's Mother would be willing to pay anything below $20.

There is a late fee of $5 per child for every 10 minutes the mother is late.

Also, given that the estimated time to be late is 20 minutes, that is $5 × 2 per child => $10.

And since there are two children involved (Sophia and Victoria), should the mother be late for 20 minutes, she would pay $10 × 2 (Child) => $20.

Hence, the mother would be willing to pay a toll road of anything less than $20 to get her to the daycare center on time. Otherwise, if the toll is more than $20, and she spent 20 minutes late, that's not economically wise.

Therefore, in this case, it is concluded that the correct answer is option B. "Any price less than $20."

Learn more here: https://brainly.com/question/17863780

We appreciate your visit. Our platform is always here to offer accurate and reliable answers. Return anytime. Thank you for visiting. Our goal is to provide the most accurate answers for all your informational needs. Come back soon. Keep exploring Westonci.ca for more insightful answers to your questions. We're here to help.