Thank you so much for that information.
Here are the results from my own experiments using an older DVD player, a very old SONY boom Box that plays MP3, and a new DVD player I bought a month ago.
All files are 1 channel mono, and all will play on the computer
Bit Rate Frequency Codec Results
32 24,000 LAME Plays only Boom Box and New DVD Player
24 24,000 LAME Plays only Boom Box and New DVD Player
24 12,000 LAME Plays only New DVD Player
20 11,025 Fraunhofer Plays only Boom Box and New DVD player
The last one has a noticeable hiss but is still good enough for speech and shrunk the file size by an amazing 85%.
My conclusion is that the newer the equipment, the more likely it will play just about any resolution, to a point. The Fraunhofer Codec is undoubtedly the best there is and the price reflects that. If you are making audio CD's for a wide variety of mp3 capable players including older ones you have no choice but use the higher standard resolutions. I'm going to use the Fraunhofer Codec and size the files so they will just fit on a single CD with the instructions that if it will not play on a stand hardware player that they play the disc on their computer or transfer the files to a digital player. I think the 24 X 24,000 will do the trick for me.
Thanks to everyone for your suggestions and advice. Great group of brainstormers here.