When Theaters Charge Lower Prices for Matinee Showing, It Is

question 83

True/False

When theaters charge lower prices for matinee showing, it is not price discrimination, since it is more expensive to operate a theater during the day, as compared to the evening hours.

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Definitions:

\(203.0(1.0107)^t\)

This expression models exponential growth or decay, depending on the context, where 203.0 is the initial quantity, 1.0107 represents the growth (or decay) rate, and \(t\) is the time variable.

Composition

The way in which a whole or mixture is made up from various parts, or in mathematics, the application of one function to another.

\(4x+5\)

A linear expression representing a line with a slope of 4 and a y-intercept of 5.

\(x-2\)

An algebraic expression representing the subtraction of 2 from the variable x.