Answer:
The indifference point is 20 minutes
Step-by-step 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