As a manager of a chain of movie theaters that are monopolies in their respective markets, you have noticed much higher demand on weekends than during the week. you therefore conducted a study that has revealed two different demand curves at your movie theaters. on weekends, the inverse demand function is p = 20 – 0.001q; on weekdays, it is p = 15 – 0.002q. you acquire legal rights from movie producers to show their films at a cost of $25,000 per movie, plus a $2.50 "royalty" for each moviegoer entering your theaters (the average moviegoer in your market watches a movie only once).

a) what price should you charge on weekends?

b) what price should you charge on weekdays?

11.25; 8.75

Explanation:

On weekends,

Inverse demand function: P = 20 – 0.001Q

On weekdays,

Inverse demand function: P = 15 – 0.002Q

Let quantity demanded tickets on weekend be Q1 and quantity demanded tickets on weekday be Q2,

Profit function:

= [(20 - 0.001Q1) × Q1] + [(15 - 0.002Q2) × Q2] - [25,000 + 2.5(Q1 + Q2)]

For maximizing profit, Differentiating profit w.r.t Q1 and Q2,

⇒ (20 - 0.002Q1) - 2.5 = 0

⇒ (15 - 0.004Q2) - 2.5 = 0

Hence, solving for Q1 and Q2, we get

Q1 = 8,750

Q2 = 3,125

Therefore,

Price during weekends: P = 20 - (0.001 × 8,750)

                                           = 11.25

Price during weekdays: P = 15 - (0.002 × 3,125)

                                           = 8.75

c

explanation:

c because the item on a bank statement is also referred to as an account statement. in addition, it provides the beginning balance, ending balance, statement date, transaction date for each transaction, payee, customer name and address, statement period, the account holder's account number, and the bank's customer service number

the answer is d i just took the test (provides the number of allowances an employee has claimed.)