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:
-5
Step-by-step explanation:
To find the common difference, take the second term and subtract the first term
-2 - 3 = -5
Check with the third term and the second term
-7 - (-2) = -7 +2 = -5
The common difference is -5
Answer:
The total price of the Rice sack is Rs 1920.
Step-by-step explanation:
The price of 1 sack of rice = Rs. 1,850
Wages Charge = Rs. 70
Now, the total price = Price of the Rice + Wages Charge
= Rs. 1,850 + Rs. 70
= Rs. 1920
or, the total price = Rs. 1920
Hence, the total price of the Rice sack is Rs 1920.
Answer:
9 bags
Step-by-step explanation:
First we will need to calculate the area of their entire backyard, which has a shape of trapezium.
So the formula for the area of a trapezium is 
a and b are the lenghts of the parallel sides and h is the height.
From the picture 
Then we plug into our formula
square feet
To get the number of bags required we just simply divide the aree of their entire yard by the space that 1 bag covers. We get:
bags
This is more than 8 bags so they will need 9 bags to cover their entire yard.
Answer:
possibly z2-6 so try the third one
Step-by-step explanation:
