Question

If the company wants to lease the same amount of space in each building without going over budget, how much money would they spend?

A) $10,000
B) $15,000
C) $20,000
D) $25,000

Answer 1

The company would spend $400 to lease the same amount of space in each building without going over budget. Looking at the table provided, we can see that the price increases as the quantity supplied decreases.

Step-by-step explanation:

To calculate how much money the company would spend, we need to find the price that corresponds to the desired quantity of space. Looking at the table provided, we can see that the price increases as the quantity supplied decreases. Since the company wants to lease the same amount of space in each building, we would use the price for the highest quantity supplied, which is $400.

Therefore, the answer is $400. The company would spend $400 to lease the same amount of space in each building without going over budget.