A bakery sells bagels at two different rates. When a customer buys fewer than 12 bagels, each one costs $1.25. When a customer buys 12 or more bagels, the first 12 bagels cost $1 each and each additional bagel costs $0.75. Which TWO inequalities and constraints below represent the price for b bagels??

Question 1 options:

1.25b when b 12

1b when b < 12, then 0.75b

1b when b ≤ 12, then 0.75b

0.75b for b < 12, then 1b

0.75b for b ≤ 12, then 0.75b