Answer to Question #264852 in Financial Math for joke

Question #264852

Which answer choice correctly identifies the missing information in the problem?


Leo is 23 years old and just graduated from college. He accepted a job as the manager of a amusement park. His major decision was to offer family memberships to the public for $200 a year. The single admission to the amusement park is $25 per family each visit. How many shows can a family see if they have a limited budget?


1
Expert's answer
2021-11-17T15:11:39-0500

We need to know the amount of family budget to solve the problem and to calculate the number of shows that a family can see if they have a limited budget.

If the family budget is x dollars per year, then it can see x/25 shows per year.

The purchase of the family memberships is efficient only if the family is going to visit the amusement park more than 200/25 = 8 visits.


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