Start a conversation by writing an opinion blog considering the cost difference between paying per-use (variable fee) or paying with subscription/membership (one-time flat fee). The opinion blog needs to be at least 3 paragraphs including:
Introduction – Paragraph One:
Share the name and a brief description of the service/membership. Include the URL when possible.
Share your rationale for buying this service/membership, including the benefits you plan to use.
Estimate how often you have/will use the service or membership for one year. This will be your frequency value for x.
Body – Paragraph Two:
Compare and contrast the total costs between a per-use and subscription/membership pay structure:
Calculate the total cost (y) for this service or membership when using a per-use pay structure (per-use cost = c). Assume the value of x from above and the linear model, y = c*x (see Linear Models in Unit 5 LiveBinder). Share the total cost when paying per-use for one year.
How does this compare to the total cost of subscription/membership or this service for one year? Justify your thoughts with your numerical evidence.
Calculate the per-use rate (c) for this service or membership when using a subscription pay structure (cost of subscription = k). Assume the value of x from above and the linear model c = k/x (see Linear Models in Unit 5 LiveBinder). Share the per-use rate with a subscription for one year.
How does this compare to the per-use rate without subscription for one year? Justify your thoughts with your numerical evidence.
Conclusion – Paragraph Three:
Share your opinion on which plan (pay-per-use or subscription/membership) would be of greatest benefit to you.
How often will you need to use this service or membership to make it worth it?
What advice can you offer others to help them make a qualified decision in this situation or a similar one?