Answer:
Maximum people attending program
Adult = 140
Student = 70
Explanation:
Provided information,
Maximum seating capacity in the theater = 210 people
For each pair of adult there must be at-least one student.
Thus, maximum revenue can be calculated as follows:
Fee for each adult = $10
Fee for each student = $5
For each combination of two adult and one student revenue = $10 + $10 + $5 = $25
Total people in each combination = 3
Thus number of combinations possible = 
Thus, number of adults attending program = 70 
2 = 140
Number of students = 70 1 = 70
Maximum amount = 140 $10 + 70 $5
= $1,750
Maximum people attending program:
Adult = 140
Student = 70
Answer:
2.5
Explanation:
If Christine now attends twice as many concerts, her percent increase in demand for concerts was 100%. Christine's income elasticity of demand for concerts is given by the percentage change in demand divided by the percentage change in income:
Christine's income elasticity of demand for concerts is 2.5.
Your answer will be; It includes all of the costs related to the product.
Answer:
Gross profit= $328
Explanation:
Giving the following information:
Sales revenue= $800
Total costs= $472
To calculate the total profit of this company, all we have to do is deduct from earnings all the cost components. I will assume that total costs include both fixed and variable costs.
Gross profi= 800 - 472
Gross profit= $328
Answer:
The correct answer is letter "B": Merit pay provides an incentive for teachers to work harder.
Explanation:
The "<em>merit pay</em>" would allow teachers' to have access to better payments according to their performances. There must be a set of rules well established that determine if teachers are doing their job well or not. For those with lower ratings, the "<em>merit pay</em>" could represent an incentive to take a look at their daily labor activities to improve them so they can also access to higher income.
