Revenue Increase

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You are the manager of a theater. At present, the theater charges the same admission price of $8 to all customers, regardless of age. You propose a two-tier pricing scheme: $5 for children under the age of 12 and $10 for adults. You tell your supervisor that your proposal is likely to increase revenue. What must be TRUE about the price elasticity of demand if your proposal is to achieve its goal of raising revenue? Explain your answer.

You believe that the price elasticity of demand for theater tickets for children is elastic. Hence, a decrease in price will increase revenue. The demand for tickets for adults is inelastic; therefore, increasing price for this group will increase revenue.

Evaluate the quality of a consumer product.

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  A 1.  Provide an effective introduction.

2.  Provide an appropriate thesis statement that previews two to four main points.

3.  Develop each  of the main points with appropriate support in the body of your essay.
4.  Provide an effective conclusion   
                                                                                               
B.  Include at least  one academically credible source in the body of your essay.

1.  For your sources, include all in-text citations and references in APA format.

C.  Demonstrate professional communication in the content and presentation of your submission.

extra credit discussion – pulling it all together

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hello,
I want you to help me reply to discussion prompt in the photo questions 1-3, and reply to my two classmatess comment  to discussion prompt

The instruction and comments of my two classmates are  in the additional materials

This is a link to the textbook
http://dept.clcillinois.edu/psy/LifespanDevelopment.pdf

Thank you,

Data-to-wisdom continuum

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Explain what data-to-wisdom continuum is and provide one example of your own application as an example (
we use E clinical).
Text Books to be used for references along with current journal articles NO older that 5yreas.
Coiera, E. (2015). Guide to Health Informatics. 3rd ed. Boca Raton, FL: CRC Press.
McGonigle, D., Mastrain, K. (2017). Nursing Informatics and the Foundation of Knowledge. 4th ed. Burlington,
MA: Jones & Bartlett Learning.

Sample Solution

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