information derived in part A to calculate total revenues at prices in $1 increments from $5 to $15 per ticket. What is the revenue-maximizing ticket price? If variable costs are negligible‚ is this amount also the profit-maximizing ticket price? P2.6 SOLUTION A. When a linear demand curve is written as: P = a + bQ a is the intercept and b is the slope coefficient. Because 3‚200 seats were sold at a regular price of $12 per game‚ and 5‚200 seats were sold at the discount price of
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hobby this month: planting‚ and was completely obsessed with it. The whole front lawn was covered with all sorts of plants‚ and just a few days ago‚ Tim had gotten a beating from Mum because he plucked her roses to decorate the toilet. What was the problem today? Reluctantly‚ I entered the house. Mum screamed at Tim‚ “NO‚ I will not get you a superhero backpack! Your current bag is good enough! Do you know how much I have to work just to feed you all since your father left? You are already very lucky
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Problem Solution: Global Communications Global Communication (GC) is facing a significant challenge in maintaining its competitive while honoring the rights of all stakeholders. Handled improperly‚ a push to increase the bottom line can result in a worse financial situation simply due to organization behavior. To accomplish its goals‚ GC must not only keep the end state in mind‚ but also address the method by which goals are achieved. Communication between stakeholders is essential to provide
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Social Problems and Solutions Chart | | |Social Problem of the Industrial |How was the Social Problem addressed during |Was the Social Problem |Is the Social Problem still an issue | |Age |the Industrial Age (social movement‚ law‚ |addressed successfully? Be |today? How? | | |etc.)? |sure to support your opinion | | |
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assuming monthly compounding? a. 119‚152.42 b. 119‚162.42 c. 119‚172.42 d. 119‚182.42 e. None of the above Solution: The answer is A. FV=-138‚000; I/Y=2.45; N=72; C/Y=P/Y=12; CPT PV 2. First Bank of Midesto Medeque pays a 9.45% nominal rate of interest compounded weekly. What is the effective rate of interest? a. 9.60% b. 9.70% c. 9.80% d. 9.90% e. None of the above Solution: The answer is D. ICONV: NOM=9.45; C/Y=52; CPT EFF3. QKL Co. plans a new project that will generate $ 265‚000 of
Free Compound interest Time value of money Interest
x + 11 = longer piece’s lenght Solution: x + x +11 = 75 2x = 75 – 11 2x = 64 2x = 64 2 2 x = 32 x + 11 = 32 + 11 = 43 2. Find the dimensions of a rectangle where the altitude is four seventh of of the base and the perimeter is 330 feet. Let x = length of the base x = length of the altitude since the perimeter = 300 Solution: 330 = 2x + 2 ( x)
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STRICTLY FOR STUDENTS OF GROUPS 4‚ 5‚ 6 & 7 ONLY Revision 1(2012) Questions In addition to the questions below‚ can you bring along the 2011ZB question and examiners’ commentary. From the 2011ZB paper -- Would like to quickly run through the long question 4; long Question 3 is included in this set of question. Question 2 and some of the short questions have already been covered in the Extra lesson we had. From the 2011ZA Paper – note o that Question 3 on perfect competition is rather identical
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3- The owner of a car wash is trying to decide on the number of people to employ based on the following short production function: Q = 6 L – 0.5 L² Where Q = No. of car washes per hour L = No. of workers a- Generate a schedule showing TP‚AP‚MP.‚ then graph it. L | TPL | MPL | APL | 0 | 0 | 0 | - | 1 | 5.5 | 5.5 | 5.5 | 2 | 10 | 4.5 | 5 | 3 | 13.5 | 3.5 | 4.5 | 4 | 16 | 2.5 | 4 | 5 | 17.5 | 1.5 | 3.5 | 6 | 18 | 0.5 | 3 | 7 | 17.5 | -0.5 | 2.5 |
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Problem-Solving Model Describe the Situation Classic Airlines consists of 375 aircraft that travel to 240 cities more than 2300 times per day with a workforce of 32‚000 personnel. Classic Airlines’ revenue was in excess of $8.7 billion last year bringing in a $10 million dollar profit and establishing the airline as the fifth largest air travel company in the world. Despite good sales and profits‚ Classic Airlines has been receiving harsh criticism from their customers resulting in
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and Canada receive 20% of their electric power from nuclear plants. The rest of the world is at 6% but rising. The benefits drive the nuclear energy movement and continue to do so and the proponents of nuclear power see this as an indispensable solution in reducing the consumption of conflict-ridden fossil fuels. Opponents of nuclear power also make a strong case citing cost‚ safety and justified global concern of waste storage and the potential for nuclear weapons in areas where terrorism is a
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