) What will the price per month be in 2015 based on the company’s model? The consumer advocate’s model? Hint: Remember that t is the number of years since 2002. a) Company's projection: $ ? b) Consumer advocate’s projection: $ ?

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3) What will the price per month be in 2015 based on the company’s model? The consumer advocate’s model? Hint: Remember that t is the number of years since 2002.

a) Company's projection: $ ?
b) Consumer advocate’s projection: $ ?

The graph below shows the cost of basic cable service from a cable provider from 2002 to 2010.³¹
Cost in dollars
$70.00
$60.00
$50.00
$40.00
$30.00
$20.00
$10.00
$0.00
Monthly Cost of Cable Services
2002
$43.35
$40.07
$37.03
$34.99
IIII
2003
2004 2005
$47.00
$49.95
$53.65
$57.95
$61.99
2006 2007 2008 2009 2010
Year
Transcribed Image Text:The graph below shows the cost of basic cable service from a cable provider from 2002 to 2010.³¹ Cost in dollars $70.00 $60.00 $50.00 $40.00 $30.00 $20.00 $10.00 $0.00 Monthly Cost of Cable Services 2002 $43.35 $40.07 $37.03 $34.99 IIII 2003 2004 2005 $47.00 $49.95 $53.65 $57.95 $61.99 2006 2007 2008 2009 2010 Year
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