Answer to Question #177141 in Microeconomics for ...

Question

it's your last year of high school and you have been asked to organize the annual senior party that place your school's gym Last year, the price was $15 per person and attended plan to charge the same price this year and expect the same number of students to show upBelow is the cost of different boots you can have at party. The ones with an astensk () larger and require 20% of the area in the gym. The other booths are smaller and require % of the your to pick which booths purty

Answer 1

If the price will be the same $15 per person, and the same number of students is expected to show up, then we should choose such boots, which have comparatively lower cost and doesn't need additional area of the gym. For more detailed calculations we need additional information about the cost and the area required.