Scenario 15-10 Vincent Operates a Scenic Tour Business in Boston. He Has

question 654

Multiple Choice

Scenario 15-10
Vincent operates a scenic tour business in Boston. He has one bus which can fit 50 people per tour and each tour lasts 2 hours. His total cost of operating one tour is fixed at $450. Vincent's cost is not reduced if he runs a tour with a partially full bus. While his cost is the same for all tours, Vincent charges each passenger his/her willingness to pay: adults $18 per trip, children $10 per trip, and senior citizens $12 per trip. At those rates, on a typical day Vincent's demand is: Assume that Vincent's customers are always available for the tour; therefore, he can fill his bus for each tour as long as there is sufficient total demand for the day.
-Refer to Scenario 15-10. What is Vincent's profit on a typical day?

• A)$660
• B)$820
• C)$1,350
• D)$2,170

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Parental Interference

Actions by parents that intrusively affect their child's life choices, relationships, or personal autonomy.

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The legal responsibility or obligation to remedy or compensate for harm or loss caused by one's actions or failure to act.

Homosexual Activity

Sexual behavior or actions between individuals of the same sex or gender.

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