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?
The lines are parallel that mean that they both have a slope of 2
It would be 80% since it decreases 20% each year so 20*4 is 80 so it’s 80%
I think that would be a rectangle with sides 13 and 8 Which = 104 ins^2
Answer:
84.5
Step-by-step explanation:
Use trig functions to find x. Trig functions are special relationships which exits between the sides of right triangles. Since you need to find x the hypotenuse and you have the adjacent side to 77 degree angle use cosine.
Cos 77 = 19/x
0.22495 = 19/x
19/0.22495 = x
84.5 = x
