Question

A theater group made appearances in two cities. The hotel charge before tax in the second city was $500 higher than in the first. The tax in the first city was 3% and the tax in the second city was 5.5%, The total hotel tax paid for the two cities was $367.50. How much was the hotel charge in each city before tax?

Answer #1

Suppose high-speed rail links between two pairs of cities cost a
total $1B each. The first pair of cities has already spent $200M
(that cannot be recovered) on the preliminary surveying work, while
the second pair has not yet begun work. It is more likely that the
first pair of cities will complete the project than that the second
pair will undertake the project.

Samuel Jenkins made two investments, the first was 14 months ago
and the second was two months ago. He just sold both investments
and has a capital gain of $11,500 on each. If Samuel is in the 28
percent tax bracket, what will be the amount of capital gains tax
on each investment?

First City Bank pays 3.2 percent simple interest on its savings
account balances, whereas Second City Bank pays 6.2 percent
interest compounded annually.
If you made a $567 deposit in each bank, how much more would the
Second City Bank account be worth than the First City Bank account
at the end of 9 years? (round 6 decimal places)

1. City Choice
A sports franchise is choosing between two cities: city A and
city B. The team analyst has estimated the following demands for
each city: City A: PA = 90 − .001A City B: PB = 130 − .002B where A
is the quantity of fans in city A, and B is the quantity of fans in
city B. The analyst aalso estimates that the marginal cost in each
city is $10, and the total cost is 10A...

Assume there are two polluting firms in two different cities. In
the business-as-usual outcome, Firm #1 would emit 20 units of
pollution (e1=20) and Firm #2 would emit 20 units of
pollution (e2=20).
Additionally, assume the marginal abatement costs for Firm #1
and Firm #2 are given below: MAC1 (x1) =
0.5x1 & MAC2
(x2) = 2x2
This pollutant is known to cause adverse health effects when in
high concentrations. Since the firms are in different cities,
assume the marginal social benefit...

Management of AG Travel and Tour has identified two
groups of individuals that
would be interested in the vacation package consisting of room and
board and/or
entertainment. The maximum amount that group 1 is willing to pay
for room and
board is GHC 2500 and for entertainment is GHC 500. For group 2,
the maximum
amount they are willing to pay for room and board is GHC 1800 and
for
entertainment is GHC 750. Although AG Travel and Tour is...

Two manufacturinf firm, located in cities 100 miles apart, both
send their trucks four times a week to the other city full of cargo
and return empty. Each driver costs $275 per day with benefits(the
round trip takes all day) and each firm has truck, operating costs
of $1.30 a mile.
(a) how much could each firm save weekly if each sent it's truck
twice a week and hauled the other firm's cargo on the return
trip?
(b) What would...

A movie theater sells tickets to both students and adults. Below
is the information about how much each potential buyer is willing
to pay for a movie ticket:
STUDENTS
Name
Maximum Price Willing to Pay
Alex
$4
Bob
$5
Carmen
$6
ADULTS
Name
Maximum Willingness to Pay
Don
$8
Emma
$9
Fred
$10
If the movie theater set the price at $5 for everyone, and
therefore five people buy tickets (Bob, Carmen, Don, Emma, and
Fred), its total revenue would...

The projected sales of Terus Maju Holdings for the first and
second quarter of 2009 are as
follows:
Month
Total sales (RM)
January
2 500 000
February
2 600 000
March
2 650 000
April
3 630 000
May
3 850 000
June
3 780 000
July
3 900 000
i. The company makes 20% cash sale, 50% is collected in the
month following sales, and 30% is collected in the second month...

Roche City has two major sources of revenue; sales taxes and
property taxes. The state collects the sales tax revenues and will
transfer $230,000 cash to the city on March 1, 2018 for the sales
tax revenues earned in the last quarter of 2017. Property tax bills
were sent to property owners of Roche City in September 2017. The
total amount due to Roche City is $45,000,000. Traditionally,
property tax revenues have been received in cash according to the
following...

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