Asporting goods store is having a large sale event. baseball bats are marked down by 42%, and hockey sticks are marked down by 29%. if baseball bats cost $21.46 after the markdown and hockey sticks cost $39.05 after the markdown, which item’s price was reduced by more, and by how many more dollars was it reduced? round all dollar values to the nearest cent.
a. hockey sticks had their prices reduced by $2.31 more than baseball bats.
b. hockey sticks had their prices reduced by $0.41 more than baseball bats.
c. baseball bats had their prices reduced by $4.22 more than hockey sticks.
d. baseball bats had their prices reduced by $0.59 more than hockey sticks.

Suppose there are three types of consumers who attend concerts at your university’s performing arts center: students, staff, and faculty. each of these groups has a different willingness to pay for tickets; within each group, willingness to pay is identical. there is a fixed cost of $1,000 to put on a concert, but there are essentially no variable costs. for each concert: i. there are 140 students willing to pay $20. (ii) there are 200 staff members willing to pay $35. (iii) there are 100 faculty members willing to pay $50. a) if the performing arts center can charge only one price, what price should it charge? what are profits at this price? b) if the performing arts center can price discriminate and charge two prices, one for students and another for faculty/staff, what are its profits? c) if the performing arts center can perfectly price discriminate and charge students, staff, and faculty three separate prices, what are its profits?