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A cable service company offers two plans to customers: Plan A, which only covers cable television and Plan B, which covers both cable television and Internet. In the first half of 2015, 80% of the company's customers signed up for the former, while in the second half, only 68% did. The subscribers to Plan B in the first and second halves of 2015 numbered 4,000 and 5,800, respectively. a. Did the company's subscriber base (all its customers) increase or decrease in size from the first half to the second half of the year? By how much did it increase or decrease?

A cable service company offers two plans to customers: Plan A, which only covers cable television and Plan B, which covers both cable television and Internet. In the first half of 2015, 80% of the company's customers signed up for the former, while in the second half, only 68% did. The subscribers to Plan B in the first and second halves of 2015 numbered 4,000 and 5,800, respectively. a. Did the company's subscriber base (all its customers) increase or decrease in size from the first half to the second half of the year? By how much did it increase or decrease?

Linear Algebra: A Modern Introduction
Linear Algebra: A Modern Introduction
4th Edition
ISBN:9781285463247
Author:David Poole
Publisher:David Poole
Chapter2: Systems Of Linear Equations
Section2.4: Applications
Problem 28EQ
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A cable service company offers two plans to customers: Plan A, which only covers cable television and Plan B, which covers both cable television and Internet. In the first half of 2015, 80% of the company's customers signed up for the former, while in the second half, only 68% did. The subscribers to Plan B in the first and second halves of 2015 numbered 4,000 and 5,800, respectively. a. Did the company's subscriber base (all its customers) increase or decrease in size from the first half to the second half of the year? By how much did it increase or decrease? b. If Plan A subscribers pay 500.00 a month, while Plan B subscribers pay 1,200.00 a month, did the company's revenues increase or decrease? By how much? (Express your answer as a percentage.)
Transcribed Image Text:A cable service company offers two plans to customers: Plan A, which only covers cable television and Plan B, which covers both cable television and Internet. In the first half of 2015, 80% of the company's customers signed up for the former, while in the second half, only 68% did. The subscribers to Plan B in the first and second halves of 2015 numbered 4,000 and 5,800, respectively. a. Did the company's subscriber base (all its customers) increase or decrease in size from the first half to the second half of the year? By how much did it increase or decrease? b. If Plan A subscribers pay 500.00 a month, while Plan B subscribers pay 1,200.00 a month, did the company's revenues increase or decrease? By how much? (Express your answer as a percentage.)
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