A cell phone plan costs $50 per month for 1,000 minutes, and $0.30 per minute for each additional minute after 1,000. What is the marginal fee for the 1,001st minute used?

Question

Quizplus · Accepted Answer

The marginal fee is the cost of using one additional minute over the given limit. In this case, it is 1,001st minute. Therefore, the marginal fee will be $0.30, as given in the question. Hence, the best choice is option B.

A Cell Phone Plan Costs $50 Per Month for 1,000