Your job includes ordering phone service for new employees. You are considering two phone plans. The first plan charges $23.35 per month for one phone line. The second plan charges $14.99 per month for the first three months and then $29.99 per month after that for a phone line. Over the first year, how much will you save on one phone line by choosing the better deal?

$34.68

Explanation:

The total cost by following the first plan will be the charge per months times  12 months

= $23.35 x 12

= $280.2

The total cost from the second plan will be the cost of the first three months at  $14.99 plus the cost of 9 months at $29.99

=($14.99 x 3) + ($29.99 x 9)

=$44. 97 +$269.91

=$314.88

The first plan is the better deal. It will save

= $314.88 - $280.2

=$34.68

The correct answer is B

Explanation:

Business cycle is the term which is defined as the fall and the rise in the production of the output of services and goods in the economy. These are usually measured or determined by using the fall and the rise in the real GDP (Gross Domestic Product) or the adjusted GDP for the inflation.

So, the business cycle is defined as the irregular fluctuations in the economic activity.