uations with the Variable on Both Sides - Item 32972 One phone company charges a flat fee of \( \$ 35 \), plus \( \$ 0.15 \) for each minute. The other phone company charges a flat fee of \( \$ 20 \), plus \( \$ 0.25 \) for each minute. Which equation can be used to solve for the number of minutes, \( m \), for which the companies charge the same amount?
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To find the number of minutes \( m \) where both phone companies charge the same amount, you can set their cost equations equal to each other. For the first company, the cost can be expressed as \( C_1 = 35 + 0.15m \). The second company’s cost is \( C_2 = 20 + 0.25m \). Setting them equal gives you the equation: \[ 35 + 0.15m = 20 + 0.25m \] Now you can solve for \( m \) to find the point where their pricing is identical! Understanding these cost structures not only helps you make smart choices when selecting a phone service but also equips you with skills applicable to real-life budgeting situations! Whenever you're faced with similar choices—be it internet plans, streaming services, or gym memberships—understanding the math behind fixed and variable costs can lead you to significant savings.