Consider the Following Scenario to Answer the Following Questions: EJH

question 73

Multiple Choice

Consider the following scenario to answer the following questions: EJH Cinemas,a movie theater next to your university,attracts two types of customers-those who are associated with the university (students,faculty,and staff) and locals who live in the surrounding area.There are 10,000 university customers interested in purchasing movie tickets from EJH Cinemas,with a maximum willingness to pay of $7 per ticket.There are 20,000 local customers interested in purchasing tickets,with a maximum willingness to pay of $9 per ticket.The movie theater incurs a constant marginal cost of $4 per ticket.For simplicity,assume each customer purchases,at most,one ticket.
-What will be the amount of EJH Cinemas' total revenue if the price is $9 per ticket?

• A) $250,000
• B) $210,000
• C) $180,000
• D) $140,000
• E) $105,000

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Definitions:

Kohlberg

A psychologist best known for his theory of stages of moral development, which describes how individuals evolve in their understanding of morality.

Moral Dilemmas

Scenarios or situations that require an individual to choose between actions that are typically considered right or wrong.

Moral Development

The process by which individuals learn to differentiate right from wrong and to develop attitudes and behaviors that are socially acceptable.

Gilligan

Carol Gilligan is a psychologist who criticized Kohlberg's theories of moral development for being gender-biased and introduced an alternative perspective focusing on relationships and the ethic of care.