Solve the Problem. -There Were 630 People at a Play. the Admission Price

question 136

Multiple Choice

Solve the problem.
-There were 630 people at a play. The admission price was $2 for adults and $1 for children. The admission receipts were $960. How many adults and how many children attended?

• A)300 adults and 330 children
• B)330 adults and 300 children
• C)150 adults and 480 children
• D)240 adults and 390 children

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Definitions:

Cross-Selling Potential

The ability of a company to sell additional products or services to an existing customer base.

Customer Lifetime Value

An estimation of the total value a business can expect from a single customer throughout the entirety of their relationship.

Net Present Value

A financial metric assessing the profitability of an investment, calculated by subtracting the present value of cash outflows from the present value of cash inflows.

Customer Relationship

The interactions and engagement between a business and its customers, aiming to improve satisfaction, loyalty, and ultimately sales.