Answer: i. There are 140 students willing to pay $20.
ii. There are 200 staff members willing to pay $35.
iii. There are 100 faculty members willing to pay $50.
Step-by-step explanation: Suppose there are three types of consumers who attend concerts at Marshall university's performing arts center: students, staff, and faculty. Each of these groups has a different willingness to pay for tickets; within each group, willingness to pay is identical. There is a fixed cost of $1,000 to put on a concert, but there are essentially no variable costs.
For each concert:
A) If the performing arts center can charge only one price, what price should it charge? What are profits at this price? B) If the performing arts center can price discriminate and charge two prices, one for students and another for faculty/staff, what are its profits?
C) If the performing arts center can perfectly price discriminate and charge students, staff, and faculty three separate prices, what are its profits?
Answer:
No
Step-by-step explanation:
Two triangles are similar if their corresponding angles are congruent and the corresponding sides are in proportion They are the same shape, but not necessarily the same size
Triangle ABC 54 +68 + 58 = 180
Triangle EFG 68 +63 +49 = 180
In this case their corresponding angles are nor congruent
55,000 + 2,500x = 62,000 + 2,000x
subtract 55,000 from both sides
2,500x = 7,000 + 2,000x
now subtract 2,000x from both sides
500x = 7,000
x= 14 years
I need to know how many miles the race is
