Table 12-7
The Flying Elvis Copter Rides

-Refer to Table 12-7.What is the value of K?

Question

Table 12-7
The Flying Elvis Copter Rides
 
-Refer to Table 12-7.What is the value of K?

Quizplus · Accepted Answer

The value of K is found by adding $10 to the cost of each ride, so K = 10(2 + 4 + 6 + 8 + 10) = $220. The best choice(s) would depend on the specific goals or constraints of the decision maker, but if maximizing revenue is the objective, then offering the 5-ride package at a discount of $10 would be a good option, as it would incentivize customers to purchase more rides and increase total revenue. Therefore, Option D would also be a good choice.

Table 12-7 The Flying Elvis Copter Rides