THE MUSICAL company runs a broad-way musical in a theater with 150 seats. Its forecast of the demand of the show is 100 people on any given day. The musical fans are usually willing to pay $200 for the show when they are in the mood for the show but they are willing to pay only $100 when they are not. One market research shows that on any given day, a musical fan is in the mood for the show in 70% of the time. What is the optimal pricing strategy of the company? (There is no variable cost that changes with the size of audience. So you can ignore the cost in this calculation.)

COMPANY A has developed software that allows their servers to host twice as much webspace as its rivals. Relative to buying two servers from COMPANY A’s competitor, by buying one doubly efficient server from COMPANY A, a firm would save $5,000 in labor costs, $1,000 in electricity and $2,500 in software licenses. The price of a server from the competitor is $4,500. What is the EVC of this new software-server combination?

If the trade deficit of the United States increases, how is the current account balance affected?

“Secrecy means impropriety” was said by:

The Cremation of Sam McGee was written by:

If ecologists want to determine the number of grass plants in a grassland, it is not realistic to actually count them all. Rather, researchers measure the number of individuals in several one-meter by one-meter square plots. What must they do next to estimate the total population size?

“Other People’s Money and How the Bankers Use It”:

Which of the following Generals ran a 2004 presidential campaign during the war in Iraq:

I have only a basic four-function calculator, blank paper & writing utensils, and a beverage (all optional).  I do not have a cell phone, other technology items (such as desktop monitors, tablet, etc.) notes, ear buds, head coverings, or food. I do not have any other computer windows open or programs running. Hint, have something that’s not allowed? Get rid of it NOW!

The term for a small, raised spot or bump on the skin, such as a mole is: