Quiz_159 - Exam Name MULTIPLECHOICE. 1 A , B

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Elementary and Intermediate Algebra
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Chapter 2 / Exercise 62
Elementary and Intermediate Algebra
Tussy/Gustafson
Expert Verified
ExamName___________________________________MULTIPLE CHOICE. Choose the one alternative that best completes the statement or answers the question.1) The price of admission to Walt Disney WorldA) is kept low to attract customers, but Disney earns most of its profits by selling tickets to ridesand attractions inside the park.B) is the same for everyone.C) is kept low to attract customers, but prices of rides and attractions inside the park vary byyour age, address and other factors.D) can vary by your age and address.1)Answer: D
Diff: 1Page Ref: 519/519Topic: Pricing StrategyLearning Outcome: Micro 14: Discuss production and pricing decisions within monopolies and how publicpolicies affect monopoliesAACSB: Reflective Thinking2) In the 1950s, Walt Disney began to plan the development of a theme park that would eventuallybecome Disneyland. Disney hired an economist to help determine whether the park would be afinancial success. This economist surveyed managers of existing amusement parks for advice.Many of these managers
Diff: 1Page Ref: 519/519Topic: Pricing StrategyLearning Outcome: Micro 14: Discuss production and pricing decisions within monopolies and how publicpolicies affect monopoliesAACSB: Reflective Thinking1
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Elementary and Intermediate Algebra
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Chapter 2 / Exercise 62
Elementary and Intermediate Algebra
Tussy/Gustafson
Expert Verified
3) Walt Disney began planning for Disneyland in the early 1950s. When he began to consider how theamusement park would be funded

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