Solve the Problem. -There Are Two Types of Tickets for a School Play

question 56

Multiple Choice

Solve the problem.

-There are two types of tickets for a school play: student tickets and tickets for the general public. The total cost for one student ticket and one general public ticket is $9. The total cost for 13 student
Tickets and 12 general public tickets is $110. How much does a student ticket cost?

• A) $1
• B) $2
• C) $7
• D) $3

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Definitions:

Production Function

A production function is an equation that describes the maximum output of a good or service an economy or firm can produce given the input resources it has available.

Labor

The human effort, whether physical or mental, used in the production of goods and services.

Output

The total amount of goods or services produced by a firm, industry, or economy.

Cost

The total expenditure required to produce a good or service, including materials, labor, and other expenses.