Question

Cage has been given two offers. Tallahassee Jellyfish offer is p = $400,00g and Madison Meerkats offer is p = $1,250,000 + $150,000g. Which offer is better if Cage can play 8 games in the season?

Tallahassee Jellyfish offer is p = $400,00g and Madison Meerkats offer is p = $1,250,000 + $150,000g. At what point these two offer's graphs intersect?

(5, 2000000)


(5, 2)


(16, 3600000)


(50, 20000)

Answer 1

1. Tallahassee Jellyfish is the better offer 2. (5, 2000000)

Explanation:

1.

Since g = 8, p1 = 400000 * 8 = $3,200,000

and p2 = 1250000 + 150000 * 8 = $2,450,000

2.

400,000g = 1,250,000 + 150,000g

250,000g = 1,250,000

g = 1,250,000 / 250,000 = 5.

at g=5, you can use either graph to find the y value.

400,000 * 5 = $2,000,000

(5, 2000000)