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? Choices: (A) 500+4.50M≥5,000(B) 4.50+500M>5,000 (C) 500+4.50M≤5,000(D) 500+4.50M<5,000
Q. 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? Choices: (A) 500+4.50M≥5,000(B) 4.50+500M>5,000(C) 500+4.50M≤5,000(D) 500+4.50M<5,000
Calculate Total Cost: Fixed cost is \$\(500\), and the variable cost is \$\(4\).\(50\) per thousand times the ad is shown. So, the total cost for \(M\) thousand times is \(\$500 + \$4.50 \times M\).
Set Budget Limit Inequality: The advertiser's budget cannot exceed \(\$5,000\). So, the inequality should represent the total cost being less than or equal to \(\$5,000\).
Formulate Inequality: Set up the inequality: \(\$500 + \$4.50 \times M \leq \$5,000\).
Choose Correct Inequality: Now, we need to choose the correct inequality from the given choices that matches our inequality. The correct choice is \([500+4.50M\leq5,000]\).
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