Question

Tantasic charges a reservation fee of 20$ and $1 per minute in a tanning bed. Bettersun charges no reservation fee but charges 2$ per minute. How many minutes will the price be the same

Answer 1

The indifference point is 20 minutes

Explanation:

Giving the following information:

Tantasic:

Reservation fee of 20$ and $1 per minute

Bettersun:

2$ per minute.

First, we need to structure both total cost formulas:

Tantasic= 20 + 1x

Bettersun= 2x

x= number of minutes

Now, we equal both formulas and isolate x:

20 + 1x = 2x

20 = 1x

20= x

The indifference point is 20 minutes