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1 point) A school fund raising event sold a total of 168 tickets and generated a...
The Parent Teacher Association (PTA) of Meadow High School is planning a fund-raising campaign. The PTA...
The Parent Teacher Association (PTA) of Meadow High School is planning a fund-raising campaign. The PTA is considering the possibility of hiring Eric Logan, a world-renowned investment counselor, to address the public. Tickets would sell for $34 each. The school has agreed to let the PTA use Harville Auditorium at no cost. Mr. Logan is willing to accept one of two compensation arrangements. He will sign an agreement to receive a fixed fee of $11,400 regardless of the number of...
Which of the following is a normative economics question? A. Should the government fund free school...
Which of the following is a normative economics question? A. Should the government fund free school lunches for all children? B. How many workers are unemployed in January 2019? C. Does an increase in the supply of gasoline lead to a price decrease? D. Who is the Chairman of the Board of the Federal Reserve Bank? In the past, many Red Sox games have been sold out. Suppose this year there is a further increase in the number of fans...
Three different groups of friends decide to meet up and catch a popular motion picture at...
Three different groups of friends decide to meet up and catch a popular motion picture at a local movie theater. The first group buys 4 tickets, 3 drinks, and 5 orders of popcorn for a total of $85. A second group buys 3 tickets, 3 drinks, and 2 orders of popcorn for a total of $57. The third group buys 4 tickets, 5 drinks, and 3 orders of popcorn for a total of $83. How much does a ticket, drink,...
Please help me answer number 11 / 1 (-) (t)11 114% The supply of tickets, Qs,...
Please help me answer number 11
/ 1 (-) (t)11 114% The supply of tickets, Qs, is represented by the 11. Suppose that a new $50 tax is placed on each equation new cell phone sold. Use the information irn the following graph to answer these questions. a. What is the incidence of the tax? b. What is the deadweight loss of the tax? с.what is the amount of tax revenue Qs 500 + 80P a. Find the equilibrium price...
Show all work for full/partial eredit on the following open-ended questions Part B: al. Some FHSU math major graduates decide to set up a tutoring servic h students. One student was charged $31 f...
Show all work for full/partial eredit on the following open-ended questions Part B: al. Some FHSU math major graduates decide to set up a tutoring servic h students. One student was charged $31 for 3 hours of tutoring. Another student was char tutoring. The relationship between the cost and time is linear a. What is the independent variable? e for the high school M cost and time was charged $45 for 7 hours of b. What is the dependent variable?...
1)A linear cost function is C(x) = 6x + 450. (Assume C is measured in dollars.)...
1)A linear cost function is C(x) = 6x + 450. (Assume C is measured in dollars.) (a) What are the slope and the C-intercept? slope C-intercept (b) What is the marginal cost MC ? MC= What does the marginal cost mean? Each additional unit produced costs this much (in dollars). If production is increased by this many units, the cost decreases by $1. Each additional unit produced reduces the cost by this much (in dollars). If production is increased...
answer 9 b. (f-g)t Solve the system of equations (4.1) +4y -14 5x 7y-25 5) J=-3...
answer 9
b. (f-g)t Solve the system of equations (4.1) +4y -14 5x 7y-25 5) J=-3 6) Graph the inequality 3x+ 2ys 30. (3x+ 4y 2- 14 5x+ 7y s-25 7) Graph the system of linear inequalities 8) Find the value of $1000 invested in an account (2.5, 3.1, 3.2) a. Bearing 3 % simple interest after 5 years. b. Bearing 3 % interest compounded monthly after 5 years c Bearing 3 % interest compounded continuously after 5 years 9)...
pleace help me to answer this qutions Set up systems of two equations to solve the...
pleace help me to answer this qutions
Set up systems of two equations to solve the following application I 1 In a basketball game reported a box score where star player, Bob "Biscuit Basketball had the following line in the box score: "8-16 3-4 20". This means that Biscuit made 8 field goals (this includes 2 point and 3 point FG's) out of 16 attempts. He also made 3 one point free throws out of 4 attempted for a total...
1. A company has determined that if the price of an item is $40, then 150...
1. A company has determined that if the price of an item is $ 40, then 150 will be demanded by consumers. When the price is $ 45, then 100 items are demanded by consumers(a) Find the price-demand equation, assuming that it is linear. ( 2 marks)(b) Find the revenue function. (1 mark)(c) Find the number of items sold that will give the maximum revenue. What is the maximum revenue? (4 marks)(d) What is the price of each item when...
What are the calculation needed to find the answer? Thank you! Fall-2019 5. Molina Corp. has...
What are the calculation needed to find the answer? Thank
you!
Fall-2019 5. Molina Corp. has a contribution margin ratio of 40% and a breakeven point of $200,000 in sales. If the firm reports net income of $80,000 after taxes of 60%, what were total sales for the year? a. $450,000 b. $466,667 c. $500,000 d. $700,000 e. None of the above 6. D'Amico Inc. incurred total manufacturing costs of $500,000. Manufacturing overhead was $100,000. Conversion costs were 30% of...
Please help me answer number 11
/ 1 (-) (t)11 114% The supply of tickets, Qs, is represented by the 11. Suppose that a new $50 tax is placed on each equation new cell phone sold. Use the information irn the following graph to answer these questions. a. What is the incidence of the tax? b. What is the deadweight loss of the tax? с.what is the amount of tax revenue Qs 500 + 80P a. Find the equilibrium price...
Show all work for full/partial eredit on the following open-ended questions Part B: al. Some FHSU math major graduates decide to set up a tutoring servic h students. One student was charged $31 for 3 hours of tutoring. Another student was char tutoring. The relationship between the cost and time is linear a. What is the independent variable? e for the high school M cost and time was charged $45 for 7 hours of b. What is the dependent variable?...
answer 9
b. (f-g)t Solve the system of equations (4.1) +4y -14 5x 7y-25 5) J=-3 6) Graph the inequality 3x+ 2ys 30. (3x+ 4y 2- 14 5x+ 7y s-25 7) Graph the system of linear inequalities 8) Find the value of $1000 invested in an account (2.5, 3.1, 3.2) a. Bearing 3 % simple interest after 5 years. b. Bearing 3 % interest compounded monthly after 5 years c Bearing 3 % interest compounded continuously after 5 years 9)...
pleace help me to answer this qutions
Set up systems of two equations to solve the following application I 1 In a basketball game reported a box score where star player, Bob "Biscuit Basketball had the following line in the box score: "8-16 3-4 20". This means that Biscuit made 8 field goals (this includes 2 point and 3 point FG's) out of 16 attempts. He also made 3 one point free throws out of 4 attempted for a total...
What are the calculation needed to find the answer? Thank
you!
Fall-2019 5. Molina Corp. has a contribution margin ratio of 40% and a breakeven point of $200,000 in sales. If the firm reports net income of $80,000 after taxes of 60%, what were total sales for the year? a. $450,000 b. $466,667 c. $500,000 d. $700,000 e. None of the above 6. D'Amico Inc. incurred total manufacturing costs of $500,000. Manufacturing overhead was $100,000. Conversion costs were 30% of...
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