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:
379.75
Step-by-step explanation:
15.5 x 2450
100
= 379.75
Answer:
146,300,000
Step-by-step explanation:
146,273,011
<u>The hundred thousand place is 100,000</u>
<u />
<u>Step 1: Round</u>
146,273,011
<em>146,300,000</em>
<em />
Answer: 146,300,000
Answer:
b. the ranges of penguin heights are the same.
Step-by-step explanation:
Hello!
Statements:
Which statement correctly compares the spreads of the distributions?
a. the mode of penguin heights at county side zoo is greater than the mode at city view zoo.
b. the ranges of penguin heights are the same.
c. the range of penguin heights is greater at city view zoo than at county side zoo.
d. the range of penguin heights is greater at county side zoo than at city view zoo.
The mode and mean are measurements of central tendency, these indicate the position of a data set but don't show any information concerning the distribution of said data.
The range on the other had is a measurement of variance, it shows the difference between the maximum and minimum values of the data set and indicates its total dispersion.
City view Zoo R= 44-37= 7 cm
County side Zoo: R= 45-38= 7 cm
Both ranges are the same.
I hope this helps!