Answered

At Westonci.ca, we connect you with the answers you need, thanks to our active and informed community. Discover the answers you need from a community of experts ready to help you with their knowledge and experience in various fields. Experience the ease of finding precise answers to your questions from a knowledgeable community of experts.

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

Visit us again for up-to-date and reliable answers. We're always ready to assist you with your informational needs. We appreciate your time. Please revisit us for more reliable answers to any questions you may have. Westonci.ca is here to provide the answers you seek. Return often for more expert solutions.