Magine you are asked to help with football tickets for the Cougars next season. You need to set the price for student tickets and non-student tickets. You are given the following demand curves for students (s) and non-students (ns): Qs = 50 − 4Ps + Pns Qns = 100 − 2Pns + Ps Assume the marginal cost for all tickets is $10.

(a) What should you set the student ticket price to if you want to maximize profit (hint: You won’t get a number; it will be a function of Pns)?
(b) What should you set the non-student ticket price to if you want to maximize profit (hint: You won’t get a number; it will be a function of Ps)?
(c) Using the equations above, solve for the numerical profit-maximizing price for each group. Round to two decimal places. You do not need to find the profit.

Unrecorded depreciation on the trucks at the end of the year is $40,000. the total amount of accrued interest expense at year-end is $6,000. the cost of unused office supplies still available at year-end is $2,000. 1. use the above information about the company’s adjustments to complete a 10-column work sheet. 2a. prepare the year-end closing entries for dylan delivery company as of december 31, 2017. 2b. determine the capital amount to be reported on the december 31, 2017 balance sheet.

Self-interest achieve society’s economic goals because producers know which goods consumers want the most. as consumers and producers exercise their freedom to act in their own self-interest, markets will produce the desired goods at the lowest possible cost. consumers and producers both operate based on society’s economic goals. consumers know which goods can be produced at the lowest cost. there is a wide variety of desired goods and services in a market system because producers determine what to produce. consumers change their minds frequently. there is always a need to produce something new and improved. individual wants are diverse. what is produced is ultimately determined by consumers, because if the goods offered are not what consumers want, consumers will not buy them. producers, because they are driven by profits. producers, because they determine what to produce. consumers, because they participate in marketing surveys.

The last time he flew jet value air, juan's plane developed a fuel leak and had to make an 4) emergency landing. the time before that, his plane was grounded because of an electrical problem. juan is sure his current trip will be fraught with problems and he will once again be delayed. this is an example of the bias a) confirmation b) availability c) selective perception d) randomness