Math Problem Statement
Lena is going to rent a truck for one day. There are two companies she can choose from, and they have the following prices. Company A charges an initial fee of $39 and an additional 60 cents for every mile driven. Company B charges an initial fee of $30 and an additional 70 cents for every mile driven. For what mileages will Company A charge no more than Company B? Write your answer as an inequality, using m for the number of miles driven.
Solution
Let's define the cost functions for both companies in terms of the number of miles driven, .
- Company A:
Cost - Company B:
Cost
We are asked to find the range of mileages where Company A charges no more than Company B. That translates to the inequality:
Solving the inequality:
-
Subtract 30 from both sides:
-
Subtract from both sides:
-
Divide both sides by 0.10:
Final Inequality:
The mileage for which Company A's cost is no more than Company B's is:
This means that for any mileage 90 miles or more, Company A will be cheaper or the same as Company B.
Would you like more details or have any questions?
5 Related Questions:
- How would the answer change if Company B’s per-mile rate was 60 cents instead of 70?
- At what mileage do both companies charge the same amount?
- How do you graph these cost functions to visualize the break-even point?
- What would the cost functions look like if there were discounts for driving more than 100 miles?
- How does the slope of each company's cost function affect the solution?
Tip: Always compare both the fixed and variable costs when analyzing such pricing models to find optimal solutions.
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Math Problem Analysis
Mathematical Concepts
Algebra
Linear Inequalities
Formulas
Cost of Company A: A(m) = 39 + 0.60m
Cost of Company B: B(m) = 30 + 0.70m
Inequality: 39 + 0.60m ≤ 30 + 0.70m
Theorems
Basic Inequality Theorem
Suitable Grade Level
Grades 8-10
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