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:
Step-by-step explanation:
Let the distance travelled by bus be x and the distance travelled be bike be (x+75)
Finally
x + (x+75) = 325
2x = 250
x= 125
Answer:
i) superset (A)
ii) 0.577 (A)
Step-by-step explanation:
i) A subset is a set which has all its elements contained in another set.
For two sets A and B, if each element of set A is an element of set B, then A is a subset of B.
A superset is a set that houses another set. So if set A is a subset of set B, then B is a superset of A.
Proper subset
For a set (A) to be a proper subset of another (B) every element of A would be in B but there exists at least one element in B that is not in A.
An Empty Set (or Null Set) doesn't have aren't any elements in it. It is empty.
Since every element of the superset is in the superset. Therefore, A superset contains all the subset of superset.
ii) Square root of 1/3 = √⅓
= ± √⅓ = +√⅓ or -√⅓
+√⅓ = +(√1/√3) = +(1/√3)
+√⅓ = +(1/1.7321)
+√⅓ = +0.577
Therefore Positive square root of 1/3 is 0.577 (A)
Answer:
6
Step-by-step explanation:
Answer:
5443
Step-by-step explanation:
Order of Operations: BPEMDAS
Always left to right.
Step 1: Add 68 and 5042
68 + 5042 = 5110
Step 2: Add 5110 and 333
5110 + 333 = 5443
And we have our answer!
