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Ne4ueva [31]
3 years ago
5

The circus sold 1,000 tickets. Adult tickets cost $8.25, children's tickets cost $4.75, and a total of $6,048.50 was collected.

How many tickets of each kind were sold? The number of adult tickets is _____.
Business
2 answers:
notka56 [123]3 years ago
7 0

Answer:

Number of adult tickets is 371

Explanation:

Let us assume the number of adult tickets sold is x

                               number of children's tickets sold is y

We have the following simultaneous equations:

(1) x + y = 1000

(2) 8.25x + 4.75y = 6048.5

Substitue the value of x from equation (1) (x = 1000-y) into equation (2), we have the following equation:

8.25 x (1000-y) + 4.75y = 6048.5

8250 - 8.25y + 4.75y = 6048.5

--> 3.5y = 2201.5

--> y = 629  --> x = 1000 - 629 = 371

Number of adult tickets sold is  371. Number of children tickets sold is 629.

Andreas93 [3]3 years ago
5 0

Answer:

The number of adult tickets is 371.

The number of children's tickets is 629

Explanation:

Let A be the number of adult tickets sold and C be the number of children's tickets sold. The following linear system can be modeled based on the information provided:

A+C=1,000\\8.25A+4.75C=6,048.50

Solving the linear system:

8.25A -4.75A+4.75C-4.75C=6,048.50-4,750\\A=\frac{1,298.50}{3.5}\\A=371\\C=1000-371\\C=629

The number of adult tickets is 371.

The number of children's tickets is 629.

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pashok25 [27]

Answer:

A. reliable secondary data is both scarce and difficult to

Explanation:

Primary data are data collected or retrieved from the source. These data are obtained directly by researchers from the source where the data emanate from. Examples of primary data are survey, interview, group discussion.

Secondary data are data collected by other people other than the source or user. Examples are reports, news paper articles, journals etc.

Most international researchers collects their own primary data because of the difficulty and scarcity of collecting reliable secondary data. Both types of data are important though but the difficulties in obtaining those reliable secondary data prompts the collection of primary data.

These researchers goes to the root or source of the data to be collected because their findings will eventually be relied upon by users like individuals, government, corporate organizations, schools etc. Relying on secondary data might be hard because they might have be tampered with or altered which may not reflect the true nature of the data.

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3 years ago
The economic definition of money​ is__________.A. A good that has intrinsic value.B. Anything authorized by the government to be
Citrus2011 [14]

Answer:

The correct answer is option D.

Explanation:

Money can be defined as any asset that is generally accepted by people in exchange for goods and services. The basic function of money is to act as a medium of exchange.  

It reduces the transaction cost in exchange for goods and services by eliminating the double coincidence of wants.  

Money can be of different types such as commodity money, fiat money, etc.  

Other functions of money are to act as a store of value and unit of account.

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If the owner contributes $19,400 and net income is $15,900, how much did the owner withdraw (owner, withdrawals)
NeX [460]

Answer:

The owner withdrew $8,300

Explanation:

As per given Data

_______________ Assets ____Liabilities

Beginning of Year: $25,000 ___$17,000

End of Year: _____$62,000 ___$27,000

First, we need to the Beginning and Ending Equity value using following formula

Equity = Assets - Liabilities

Beginning Equity = Beginning Assets - Beginning Liabilities

placing values in the formula

Beginning Equity = $25,000 - $17,000 = $8,000

Ending Equity = Ending Assets - Ending Liabilities

placing values in the formula

Beginning Equity = $62,000 - $27,000 = $35,000

Now use the following formula to calculate the amount of drawing

Ending Equity = Beginning Equity + Contribution + Net Income - Owner withdrawal

Placing values in the formula

$35,000 = $8,000 + $19,400 + $15,900 - Owner withdrawal

$35,000 = $43,300 - Owner withdrawal

Owner withdrawal = $43,300 - $35,000

Owner withdrawal = $8,300

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2 years ago
At contract maturity the value of a call option is ___________, where X equals the option's strike price and ST is the stock pri
horsena [70]

Answer:

A. Max (0, ST - X)

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call option which is also known as a "call", can be regarded as a contract, that exist between both buyer as well as the seller of the call option, in so that security exchange at a set price can occur. It should be noted that At contract maturity the value of a call option is Max (0, ST - X) where X equals the option's strike price and ST is the stock price at contract expiration.

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