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Problem 2-19 Your answer is partially correct. Try again. Waterway Phone Services offers a cellular phone plan for $60 per month. Under this plan, you
Problem 2-19 Your answer is partially correct. Try again. Waterway Phone Services offers a cellular phone plan for $60 per month. Under this plan, you can make an unlimited number of phone calls and talk as long as you like (a) Prepare a table that shows the cost per minute of airtime and the total amount of the phone bill at the following usage levels: 15 minutes, 104 minutes, 299 minutes, and 534 minutes. (Round unit costs to 2 decimal places, e.g. 52.75.) Minutes Cost per minute T Total Cost 15 104 289 534 (b) What type of cost behavior does Waterway's phone planlutrate? Why? fixed cost remians fixed v decreases This is a because total cost while the cost per minute as minutes used increases (c) Assume that your current cell phone plan costs you $0.02 per minute. If you use 1,528 minutes of airtime per month, which plan would you prefer, $60 per month or $0.02 per minute? what if you used 3,652 minutes per month? At what level of airtime usage would you become indifferent between the two plans? 1,528 minutes SD.02 per minute $60 per month 3,552 minutes ndifferent at minutes (d) How would yau decide which phone plan to buy? minutes used You should determine which phone plan to buy based on Click if you would like to Show Work for this question: gpen Show Wor'ks
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