Answer:
3
Step-by-step explanation:
IM UL AN
SIMULTANEOUS
Step-by-step explanation:
Let a be the price of 1 adult ticket.
Let c be the price of 1 child ticket.
given,
as equation 1,
and
as equation 2.
Now we will solve for a and c using elimination method of simultaneous equations.
Now we multiply equation 2 by 2 to eliminate a and solve for c.
This new equation will be equation 3.
Now we will use equation 1 - equation 3 to eliminate a and solve for c.
Now substitute c into equation 2.
Therefore one adult ticket will cost $17.50 and one child ticket will cost $9.50.
So for this problem we need to do order of operations so the very first step that we need to do here is (8+2) because that is the smallest enclosed symbols (8+2)=10 next divide by 20 because that is the next step in the equation which 20/10=2, so now we have {[2]^6+6} and due to order of operations the next step here is to take 2 to the power of 6 which is 64 so now we have {64+6} which is 70 so now we have 70/(4^2/2) and due to order of operations we do the parentheses first and that would mean that we do 4^2 because exponents come after parantheses like so,
70/(16/2) now we do 16/2 because its still inside the paranthesess so 16/2=8 so now we have 70/8 and that equals are end answer of 8.75 Enjoy!=)
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?
