Scenario 15-9 suppose executives at an art museum know that 100 adults are willing to pay $12 for admission to the museum on a weekday. suppose the executives also know that 200 students are willing to pay $8 for admission on a weekday. the cost of operating the museum on a weekday is $2,000. refer to scenario 15-9. how much additional profit will the museum earn if it engages in price discrimination compared to charging each customer $8 for admission? a. $0 b. $200 c. $400 d. $800

List five words to describe your dominant culture. list five words to describe a culture with which you are not a member, have little or no contact, or have limited knowledge. can someone explain what its meaning?

Upscale hotels in the united states recently cut their prices by 20 percent in an effort to bolster dwindling occupancy rates among business travelers. a survey performed by a major research organization indicated that businesses are wary of current economic conditions and are now resorting to electronic media, such as the internet and the telephone, to transact business. assume a company's budget permits it to spend $5,000 per month on either business travel or electronic media to transact business. graphically illustrate how a 20 percent decline in the price of business travel would impact this company's budget set if the price of business travel was initially $1,000 per trip and the price of electronic media was $500 per hour. suppose that, after the price of business travel drops, the company issues a report indicating that its marginal rate of substitution between electronic media and business travel is 1. is the company allocating resources efficiently? explain.

What is the second step in communication planning? determine the purpose of the message outline the communication for delivery determine the best channel of communication clarify objectives identify the audience