An agency is having problems with personal phone calls made during working hours. Each minute of a personal call costs the agency $0.50 in wasted wages. The agency decides to hire operators to monitor calls in order to attain the optimal number of personal calls (minimize total cost of personal calls) .
-If operators receive $25 an hour, what is the minimum possible total cost of personal calls (per hour) ?
A) $460
B) $255
C) $120
D) $ 85
E) none of the above
Correct Answer:
Verified
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