1 00:00:00,464 --> 00:00:03,771 We were able to already answer some interesting questions 2 00:00:03,771 --> 00:00:08,341 about the different plans at super yoga studio, using the equations we set up. 3 00:00:08,341 --> 00:00:10,092 But I'm a very visual guy. 4 00:00:10,092 --> 00:00:15,455 I wanna make sure I analyze the problem fully before I spend my hard earned dollars. 5 00:00:15,455 --> 00:00:17,613 What I wanna do now, 6 00:00:17,613 --> 00:00:21,649 is really see a visual representation for the relationsship between 7 00:00:21,649 --> 00:00:25,544 how many session I attend and how much its gonna cost me. 8 00:00:25,544 --> 00:00:29,240 I'm gonna do it for the trial plan and the basic plan. 9 00:00:29,240 --> 00:00:35,440 And to do that down here on the horizontal axis, I'm going to plot the number of sessions I attend. 10 00:00:35,440 --> 00:00:39,557 So S is equal to the number of session I attend. 11 00:00:39,557 --> 00:00:41,778 And here on the vertical axis, 12 00:00:41,778 --> 00:00:46,964 I'm gonna plot how much its gonna cost me depending on how how many session I attend. 13 00:00:46,964 --> 00:00:49,631 So C is equal is equal to my monthly cost. 14 00:00:49,631 --> 00:00:53,599 So let's think about these points right over here, 15 00:00:53,599 --> 00:00:56,009 and how these equations relates to what we might end up drawing. 16 00:00:56,009 --> 00:01:04,138 So the first point here, is that if I spend, if I go to no sessions, 17 00:01:04,138 --> 00:01:06,239 it's gonna cost me zero dollars. 18 00:01:06,239 --> 00:01:07,606 Where would I plot that? 19 00:01:07,606 --> 00:01:10,272 Right over here. 20 00:01:10,272 --> 00:01:15,890 If I attend no session, and I should have marked off zero here, its gonna cost me zero dollars. 21 00:01:15,890 --> 00:01:19,873 That is this point. Just like that. 22 00:01:19,873 --> 00:01:24,687 If I attend 1 session, it will be $12. 23 00:01:24,687 --> 00:01:26,763 Where would I plot that? 24 00:01:26,763 --> 00:01:30,843 Well, 1 session is gonna cost me $12. 25 00:01:30,843 --> 00:01:34,746 This is $15 so $12 is right around there. 26 00:01:34,746 --> 00:01:36,750 I'll put it there. 27 00:01:36,750 --> 00:01:41,947 If I attend 2 sessions, where would I plot that? 28 00:01:41,947 --> 00:01:49,465 Well, 2 session is going to cost me $24, so right about there. 29 00:01:49,465 --> 00:01:51,407 What about 3 sessions? 30 00:01:51,407 --> 00:01:53,813 I could keep going to 4, 5, 6 sessions, 31 00:01:53,813 --> 00:01:57,814 but I'll try 3, and I think you get the general idea. 32 00:01:57,814 --> 00:02:03,893 3 sessions cost $36. 33 00:02:03,893 --> 00:02:06,324 You see that all of these points seem to sit on a line. 34 00:02:06,324 --> 00:02:08,502 I will attempt my best to draw that line. 35 00:02:08,502 --> 00:02:16,644 And this line, it essentially describes all the possible combination of cost for a given number of sessions. 36 00:02:16,644 --> 00:02:20,565 So any point, specially if we allow fractional sessions. 37 00:02:20,565 --> 00:02:26,208 That is not conventional practice for most yoga studios but this one is a Super Yoga studio. 38 00:02:26,208 --> 00:02:31,843 and it allows you to attend 4 1/2 session or 1 1/2 sessions or exactly half a session. 39 00:02:31,843 --> 00:02:35,197 So if you attend half a session, its going to cost you $6. 40 00:02:35,197 --> 00:02:37,516 Another way to think about it is, 41 00:02:37,516 --> 00:02:40,746 if you attend zero session it'll be zero dollars. 42 00:02:40,746 --> 00:02:47,167 But then as you add a session, so you go one step right, it's going to cost you $12 more. 43 00:02:47,167 --> 00:02:50,874 so then you are gonna go up $12, 44 00:02:50,874 --> 00:02:56,174 so we went to right one, we went up $12. If we go to the right one more we go $12 up again. 45 00:02:56,174 --> 00:02:59,895 Because every session we add is gonna cost us $12 extra $12. 46 00:02:59,895 --> 00:03:05,878 We go from $0 to $12 to $24 to $36, if you add another session you add another $12. 47 00:03:05,878 --> 00:03:09,599 If you take away a session you will go $12 down. 48 00:03:09,599 --> 00:03:14,172 It is a kind of way of thinking about how steep this line is. 49 00:03:14,172 --> 00:03:16,542 Every time you go one to the right you go $12 up. 50 00:03:16,542 --> 00:03:19,630 Now, let's think about the same thing for the basic plan. 51 00:03:19,630 --> 00:03:23,314 How we might plot that. 52 00:03:23,314 --> 00:03:26,276 We will start with this point right over here. 53 00:03:26,276 --> 00:03:31,533 And basic plan, when I go to zero session it costs me $20. 54 00:03:31,533 --> 00:03:35,633 Where would I plot that on my graph? 55 00:03:35,633 --> 00:03:39,862 So zero session is going to cost me $20. That is that point over there. 56 00:03:39,862 --> 00:03:44,161 What about one session? 57 00:03:44,161 --> 00:03:49,911 Well one session is going to cost me $28. 58 00:03:49,911 --> 00:03:54,474 Another way of thinking about it: you pay $20 no matter what 59 00:03:54,474 --> 00:03:59,546 and as you add one session your total cost went up $8. 60 00:03:59,546 --> 00:04:01,588 This scale and this scale is not the same. 61 00:04:01,588 --> 00:04:05,010 If I did it to scale you would see these lines would look a lot steeper, 62 00:04:05,010 --> 00:04:07,452 and I would have to let this axis go a lot taller. 63 00:04:07,452 --> 00:04:12,394 But hopefully you get the idea, you add one session, we went up by $8. 64 00:04:12,394 --> 00:04:14,166 You add another session, 65 00:04:14,166 --> 00:04:17,026 so that was 1 and $28. That is that point over there. 66 00:04:17,057 --> 00:04:22,111 If you have 2 sessions, its gonna cost us $36. 67 00:04:22,111 --> 00:04:25,335 Where would we plot that? 68 00:04:25,335 --> 00:04:29,614 2 sessions are gonna cost $36 so, that is over there. 69 00:04:29,614 --> 00:04:31,949 Or another way to think of it. 70 00:04:31,949 --> 00:04:36,935 We were at $28 and we added a session, so we add another $8 to our cost. 71 00:04:36,935 --> 00:04:41,149 So $28 plus $8 gets us to $36. 72 00:04:41,149 --> 00:04:44,187 Now let's do this other point. And once again, we can keep going. 73 00:04:44,187 --> 00:04:48,118 Where would we plot the 3 sessions? 74 00:04:48,118 --> 00:04:51,793 So, if we attend 3 sessions, its gonna cost us $44. 75 00:04:51,793 --> 00:04:57,127 That's right about there. 76 00:04:57,127 --> 00:05:00,633 Once again we added a sessions and we added $8 to our cost. 77 00:05:00,633 --> 00:05:17,431 And you see these two seem to..., although I did not draw it as well as I can, these two seem to sit on a line. 78 00:05:17,431 --> 00:05:19,268 This by itself is interesting, 79 00:05:19,268 --> 00:05:24,143 but what might be even more interesting, is where these two lines intersect. 80 00:05:24,143 --> 00:05:29,217 We see that they have different steepnesses so at some point they should intersect 81 00:05:29,217 --> 00:05:30,500 And what's exciting about... 82 00:05:30,500 --> 00:05:32,528 Well, actually, I will let you think about it. 83 00:05:32,528 --> 00:05:35,231 What is exciting about where these two lines intersect? 84 00:05:35,231 --> 00:05:40,244 What does it tell us about the sessions and the cost at those points? 85 00:05:40,244 --> 00:05:45,689 I'll leave you there, and we will explore this more in the next video.