Question
An amusement park that you are excited to try is $28 per visit.
You have the option to purchase a monthly membership for $90 and then pay $15 for each visit.
(4 points)
Put responses in the correct input to answer the question. Select a response, navigate to the desired input and insert the response. Responses can be selected and inserted using the space bar, enter key, left mouse button or touchpad. Responses can also be moved by dragging with a mouse.
You have plans to attend 3 times this summer. Which option is best?
You think you will visit probably about 8 times this summer. Which option is best?
You have budgeted $150 for visiting the park this summer. Which option is best?
How many visits would be approximately the break even point where both options would cost about the same?
You have the option to purchase a monthly membership for $90 and then pay $15 for each visit.
(4 points)
Put responses in the correct input to answer the question. Select a response, navigate to the desired input and insert the response. Responses can be selected and inserted using the space bar, enter key, left mouse button or touchpad. Responses can also be moved by dragging with a mouse.
You have plans to attend 3 times this summer. Which option is best?
You think you will visit probably about 8 times this summer. Which option is best?
You have budgeted $150 for visiting the park this summer. Which option is best?
How many visits would be approximately the break even point where both options would cost about the same?
Answers
GPT 3.5
You have plans to attend 3 times this summer. Which option is best?
Option 1: 3 visits x $28/visit = $<<3*28=84>>84
Option 2: $90 for the membership + 3 visits x $15/visit = $<<90+3*15=135>>135
The best option is Option 1.
You think you will visit probably about 8 times this summer. Which option is best?
Option 1: 8 visits x $28/visit = $<<8*28=224>>224
Option 2: $90 for the membership + 8 visits x $15/visit = $<<90+8*15=210>>210
The best option is Option 2.
You have budgeted $150 for visiting the park this summer. Which option is best?
Option 1: $150 / $28/visit = <<150/28=5.36>>5.36 visits (rounded to the nearest whole number: 5 visits)
Option 2: $90 for the membership + 5 visits x $15/visit = $<<90+5*15=165>>165
The best option is Option 1.
How many visits would be approximately the break-even point where both options would cost about the same?
Let's assume the number of visits required for the break-even point is x.
Option 1: $90 for the membership + x visits x $15/visit = $90 + $15x
Option 2: x visits x $28/visit = $28x
To find the break-even point, we set the two options equal to each other:
$90 + $15x = $28x
Solving for x:
$90 = $28x - $15x
$90 = $13x
x ≈ <<90/13=6.92>>6.92 visits (rounded to the nearest whole number: 7 visits)
Therefore, the break-even point is approximately 7 visits.
Option 1: 3 visits x $28/visit = $<<3*28=84>>84
Option 2: $90 for the membership + 3 visits x $15/visit = $<<90+3*15=135>>135
The best option is Option 1.
You think you will visit probably about 8 times this summer. Which option is best?
Option 1: 8 visits x $28/visit = $<<8*28=224>>224
Option 2: $90 for the membership + 8 visits x $15/visit = $<<90+8*15=210>>210
The best option is Option 2.
You have budgeted $150 for visiting the park this summer. Which option is best?
Option 1: $150 / $28/visit = <<150/28=5.36>>5.36 visits (rounded to the nearest whole number: 5 visits)
Option 2: $90 for the membership + 5 visits x $15/visit = $<<90+5*15=165>>165
The best option is Option 1.
How many visits would be approximately the break-even point where both options would cost about the same?
Let's assume the number of visits required for the break-even point is x.
Option 1: $90 for the membership + x visits x $15/visit = $90 + $15x
Option 2: x visits x $28/visit = $28x
To find the break-even point, we set the two options equal to each other:
$90 + $15x = $28x
Solving for x:
$90 = $28x - $15x
$90 = $13x
x ≈ <<90/13=6.92>>6.92 visits (rounded to the nearest whole number: 7 visits)
Therefore, the break-even point is approximately 7 visits.