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:
2.32 gallons of paint
Step-by-step explanation:
First, find the area of all 4 sides of the room, with the equation A = lw
11(10)
= 110 (for 2 of the walls)
18(10)
= 180 (for the other 2 walls)
Add these up:
110 + 110 + 180 + 180
= 580
Then, divide this by 250:
580/250
= 2.32
So, 2.32 gallons of paint will be needed to paint the room.
Answer:
Option (A).
Step-by-step explanation:
is a mixed fraction and can be written as,
[Combination of a whole number and a fraction]
When we multiply this mixed fraction by 7,
[Distributive property → a(b + c) = a×b + a×c]
Therefore, 
will be the answer.
Option (A) will be the correct option.
<h3>
Answer: 6.93</h3>
Work Shown:
Use the pythagorean theorem to find x
a^2 + b^2 = c^2
x^2 + 11^2 = 13^2
x^2 + 121 = 169
x^2 = 169 - 121
x^2 = 48
x = sqrt(48)
x = 6.92820323027551
x = 6.93
