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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

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