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One Example of Peak-Load Pricing Is When County Fairs Offer

question 29

True/False

One example of peak-load pricing is when county fairs offer reduced admissions on weekdays before 4 P.M. because crowds are larger at night.


Definitions:

Rationalize

A method in mathematics used to eliminate the radical (such as a square root) from the denominator of a fraction.

Numerator

The top number in a fraction that indicates how many parts of a whole are being considered.

Evaluate

The process of calculating the value of an expression for a given value of its variables.

Expression

Any mathematical phrase that can contain numbers, variables, and operation symbols, but does not have an equality symbol.

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