Answer:
The ticket price that maximizes revenue is $18.10
Explanation:
Hi, first we need to construct the revenue equation in terms of the additional dollar charge (that would be X). That is:


So we expand it:


This is a parabola, and we need to find its vertex, which in our case that would be the maximum additional dollar charge in order to obtain the highest revenue possible, to find the vertex, we need to consider that:

And to find the X-coordenate we have to use the following equation.

In our case, A= -65; B= 1,247.5, so, all should look like this:

That means, we need to make 9.6 increments of $1 in order to obtain the max revenue possible, therefore, the price would be
Price = $8.50 + $1(9.6)= $8.50 + $9.6 =$18.10
Best of luck.
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In my opinion this statement or the student version of this statement that they based on the book of "Howard, C. D., Barrett, A. F., & Frick, T. W. (2010). Anonymity topromote peer feedback: Pre-service teachers' comments inasynchronous computer-<span>mediated communication" is not PLAGIARISM. They just depend on this book regarding the word they will used.</span>
Answer:
In other words,this redemption transaction results in $60000 charge to e&p and $85000 reduction of Caramel's paid capital account
Explanation:
E&P in relation to redemption is =total e&p/total shares*shares redeemed
E&P in relation to redemption is =$300000/5000shares*1000shares
E&P in relation to redemption is =$60000
The reduction in Caramel's paid-in-capital is $85000 ($145000-$60000)