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:
I think it might be A: 75< x<84
Step-by-step explanation:
but i am not sure
The amount of girls in the club is 18 out of the 32 members.
To find the amount of boys there, we subtract 18 out of 32
32 - 18 = 14
so there are 14 boys in the club
Now to find the ratio of girls to boys...
18/14
simplified to 9/7 (option D.)
Hope this helps :)
Answer:
4.67
Step-by-step explanation:
calculator says so
25/8 8x3=24 3 1/8 is the answer
