1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Scilla [17]
3 years ago
14

If a university decreases the price of tickets to football games to collect more revenue, it is assuming that the demand for tic

kets is:
Business
1 answer:
Ksivusya [100]3 years ago
3 0
Higher because there is reduction in the list price of tickets for football games.
You might be interested in
You sold a car and accepted a note with the following cash flow stream as your payment. What was the effective price you receive
alexandr1967 [171]

Answer:

The effective price you received for the car was $5,987

Explanation:

Effective price of the car can be calculated by the Net Present values of all the cash flows associated with the note.

Using following present value formula for each cash flows

Pv = FV  / ( 1 + r )^n

Net Present Value of all call flows = [ $1,000 / ( 1 + 6% )^1 ] + [ $2,000 / ( 1 + 6% )^2 ] +  [ $2,000 / ( 1 + 6% )^3 ] + [ $2,000 / ( 1 + 6% )^4 ]

NPV = $943.4 + 1,780 + $1,679.24 + $1,584.19 = $5,986.83 = $5,987

8 0
3 years ago
Maria works as a tutor for $10 an hour and as a waitress for $14 an hour. This month, she worked a combined total of 83 hours at
Katena32 [7]

Answer:

$ (-4t+872)

Explanation:

Earning for 1 hour as a tutor= $10

Earnings for 1 hour as a waitress= $14

Total hours worked in the month combined jobs= 83 hrs

Number of hours worked as a tutor for the month= t

Finding the number of hours worked as a waitress for the month= 83-t  hours

Total amount earned that month = amount earned as a tutor+ amount earned as a waitress

Amount earned as a tutor= $10 × t = $10t

Amount earned as a waitress= $14× (83-t)= $ (1162-14t)

Total amount earned combined= $ 10t + $ (1162-14t)

                                                   =$ ( 10t-14t +1162)

                                                   = $ (-4t+872)

4 0
2 years ago
In the short run, a monopolistically competitive firm continues to increase production _____ if it can at least cover its variab
tankabanditka [31]

Answer:

Until Marginal Revenue = Marginal Cost

​

Explanation:

In the short run, a monopolistic ally competitive firm continues to increase production until MR = MC if it can at least cover its variable cost. This is the profit maximizing condition. If firm is able to cover his variable costs in short run, he should continue production.

8 0
2 years ago
Constance tells Jill, her best employee, that: "Your work is so good, if I like what you do over the next six months, I’ll give
frozen [14]

Jill will not win because this is an illusory promise without consideration.

<u>Explanation:</u>

Even if Jill sues his boss Constance for not giving him the bonus that she had promised to give if her employee, Jill works with great focus and dedication, he will probably not win the case.

The reason for this is that it was just a promise and not a contract signed between that employer and that employee. It was just an illusory promise which is not enough to sue the person or the employer. So there was no benefit of doing it.

7 0
2 years ago
1. Assume that Lyn Addie is an unmarried employee. Her $1,000 of wages have deductions for FICA Social Security taxes, FICA Medi
fredd [130]

Answer:

Net pay $764.5

Explanation:

given data

wages = $1000

income taxes  = $159

solution

particular                              net pay

Gross wages                        $1000

less  

Income taxes withheld         $159

FICA-social security             (1000×6.2%)    = $62

FICA-Medicare taxes           (1000×1.45%)   =       $14.5

Total taxes withheld             (235.5)

So, Net Pay                            $764.5

5 0
2 years ago
Other questions:
  • Matt has decided to purchase his textbooks for the semester. his options are to purchase the books via the internet with next da
    13·1 answer
  • Suppose apple trees generate a positive externality in production. if​ so, then
    7·1 answer
  • Consider Pacific Energy Company and U.S. Bluechips, Inc., both of which reported earnings of $961,000. Without new projects, bot
    13·1 answer
  • When Ronaldo bought his new flat-screen television, he was surprised at the cost differences between some of the models. When he
    6·1 answer
  • The accounting basis that helps to measure and report revenues and expenses in a way that clearly reflects the ability of a comp
    10·1 answer
  • 1. Using income statement data for Neros, prepare a December income statement dated December 31. 2. If Neros pays a cash dividen
    6·1 answer
  • Building, keeping, and growing profitable value-laden relationships with all customers of a company is called ________.
    6·1 answer
  • True or False: Increasing the number of stocks in a portfolio reduces market risk.Consider two stock portfolios. Portfolio B con
    9·1 answer
  • The graph shows a supply curve.
    10·2 answers
  • 1. What are the advantages of learning in a group​
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!