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g100num [7]
3 years ago
6

A music venue offers all of its customers a 40 percent discount on concert tickets for regional bands. It also offers an additio

nal 10 percent discount to "members" who purchase a $25 dollar membership card that is good for a year. If the original price of all concert tickets purchased is $25 how many does a member have to buy to make back the cost of the membership?
Business
1 answer:
12345 [234]3 years ago
8 0

Answer:

2 tickets

Explanation:

the cost of membership is $25.

Cost of a ticket is $25

All cost get a 40 % dicsount

membersships earns a further 10% discount

total discount ofr membership eqauls 50%( 40+10)

There fore a member pays $ 12.5 { (50/100) $ 25) } for ticket

To get back cost of membership which is $25, a member need to buy 2 tricke { $25/12.5}

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3 years ago
The risk premium (hence expected return) of a security is determined by its ________ risk and does not depend on its ___________
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Answer:

systematic risk ,diversifiable risk

Explanation:

risk premium is the investment return demanded by an investor for buying a risky assets that an investment is anticipated to deliver it reward to those who are willing to take higher risk than investors who prefer risk free investment.

systematic risk when economic treds influence assets and the market in similr way than investment risk for similr assets are corellated Systematic risk cannot be diversified away. Non-systematic risk, or the risk unique to each individual security, meanwhile, can be mitigated through diversification.

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7 0
1 year ago
Kijijo Auctions runs an online auction company. Its end-of-year financial statements indicate the following results. Total asset
katrin [286]

Answer:

40%

Explanation:

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6 0
3 years ago
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Answer:

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