SOLUTION: Two stockbrokers are making cold calls to potential customers regarding a hot IPO. One of the brokers is able to get a new client every 0.125 hour, and the other is able to get a n
Question 57801: Two stockbrokers are making cold calls to potential customers regarding a hot IPO. One of the brokers is able to get a new client every 0.125 hour, and the other is able to get a new client every 0.2 hour. At what rate (in new clients per hour) are the new clients being acquired when both are working? Answer by stanbon(75887) (Show Source):
You can put this solution on YOUR website! Two stockbrokers are making cold calls to potential customers regarding a hot IPO. One of the brokers is able to get a new client every 0.125 hour, and the other is able to get a new client every 0.2 hour. At what rate (in new clients per hour) are the new clients being acquired when both are working?
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1st broker:
rate=0.125 clients per hour
2nd broker:
rate=0.200 clients per hour
Working together:
rate=0.125 + 0.200=0.325 clients per hour
Cheers,
Stan H.