Business, 01.10.2019 17:20 nunezjazmine01
The local zoo has hired you to assist them in setting admission prices. the zoo's managers recognize that there are two distinct demand curves for zoo admission. one demand curve applies to those ages 12 to 64, while the other is for children and senior citizens. the two demand and marginal revenue curves are: pa = 9.6 - 0.08qa mra = 9.6 - 0.16qa pcs = 4 - 0.05qcs mrcs = 4 - 0.10qcs where pa = adult price, pcs = children's/senior citizen's price, qa = daily quantity of adults, and qcs = daily quantity of children and senior citizens. crowding is not a problem at the zoo, so that the managers consider marginal cost to be zero. hint: whenever inverse demand is p=a-bq, marginal revenue is mr=a-2bq a. to start, what is the total revenue that would be collected if the zoo decides not to price discriminate?
Answers: 2
Business, 22.06.2019 17:30
Dr. sperry, a biologist, is using excel to track growth rates of different populations of bacteria. she has a very complex formula in one cell. it begins with “round”. dr. sperry would like to see exactly how excel’s calculation reached the final rounded value that she sees in the cell. what could dr. sperry do to best understand how the calculation was made? try different formulas on her own until she reaches the value shown in excel click on the evaluate formula button in the formulas tab and then click “step in” select the cell and then look at the formula in the formula field of the ribbon remove “round” from the formula in order to see the actual value before rounding
Answers: 2
Business, 22.06.2019 19:00
Andy purchases only two goods, apples (a) and kumquats (k). he has an income of $125 and can buy apples at $5 per pound and kumquats at $5 per pound. his utility function is u(a, k) = 6a + 2k. what is his marginal utility for apples and his marginal utility for kumquats? andy's marginal utility for apples (mu subscript a) is mu subscript aequals 6 and his marginal utility for kumquats (mu subscript k) is
Answers: 2
Business, 22.06.2019 23:00
Which completes the equation? o + a + consideration (+ = k legal capacity legal capability legal injunction legal corporation
Answers: 1
The local zoo has hired you to assist them in setting admission prices. the zoo's managers recognize...
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