Answer:
The indifference point is 20 tiles.
Explanation:
First, we need to establish the total cost formulas for each store:
Store 1:
Total cost= 10 + 0.99*x
Store 2:
Total cost= 1.49*x
x= number of tiles
Now, we equal both formulas and isolate x:
10 + 0.99x = 1.49x
10= 0.5x
10/0.5=x
20=x
The indifference point is 20 tiles.