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A particular company charges advertisers a one-time cost of 
$500, in addition to 
$4.50 for every one thousand times an advertisement is shown on the company's webpage. An advertiser wants its ad to appear 
M thousand times on the webpage, but does not want to spend more than 
$5,000. Which of the following inequalities best describes the situation?
Choose 1 answer:
(A) 
500+4.50 M >= 5,000
(B) 
4.50+500 M <= 5,000
(c) 
500+4.50 M <= 5,000
(D) 
500+4.50 M < 5,000

A particular company charges advertisers a one-time cost of $500 \$ 500 , in addition to $4.50 \$ 4.50 for every one thousand times an advertisement is shown on the company's webpage. An advertiser wants its ad to appear M M thousand times on the webpage, but does not want to spend more than $5,000 \$ 5,000 . Which of the following inequalities best describes the situation?\newlineChoose 11 answer:\newline(A) 500+4.50M5,000 500+4.50 M \geq 5,000 \newline(B) 4.50+500M5,000 4.50+500 M \leq 5,000 \newline(C) 500+4.50M5,000 500+4.50 M \leq 5,000 \newline(D) 500+4.50 M<5,000

Full solution

Q. A particular company charges advertisers a one-time cost of $500 \$ 500 , in addition to $4.50 \$ 4.50 for every one thousand times an advertisement is shown on the company's webpage. An advertiser wants its ad to appear M M thousand times on the webpage, but does not want to spend more than $5,000 \$ 5,000 . Which of the following inequalities best describes the situation?\newlineChoose 11 answer:\newline(A) 500+4.50M5,000 500+4.50 M \geq 5,000 \newline(B) 4.50+500M5,000 4.50+500 M \leq 5,000 \newline(C) 500+4.50M5,000 500+4.50 M \leq 5,000 \newline(D) 500+4.50M<5,000 500+4.50 M<5,000
  1. Identify Costs: Identify the fixed cost and the variable cost per thousand ad appearances.\newlineThe fixed cost is a one-time charge of $500\$500. The variable cost is $4.50\$4.50 for every one thousand times an advertisement is shown. The advertiser wants the ad to appear MM thousand times.
  2. Write Total Cost: Write the total cost as an expression.\newlineThe total cost is the sum of the fixed cost and the variable cost multiplied by the number of thousand ad appearances (MM). This gives us the expression 500+4.50M500 + 4.50M.
  3. Set Budget Inequality: Set up the inequality based on the advertiser's budget constraint.\newlineThe advertiser does not want to spend more than $5,000\$5,000. Therefore, the total cost must be less than or equal to $5,000\$5,000. This leads to the inequality 500+4.50M5,000500 + 4.50M \leq 5,000.
  4. Verify Matching Choice: Verify that the inequality matches one of the given choices.\newlineThe inequality we have found, 500+4.50M5,000500 + 4.50M \leq 5,000, matches choice (C).

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