In March, you bought 4 tickets to Lady GaGa's concert at Fenway Park in July for $125 each. Due to Covid issues the concert was postponed to August 7. You are unable to go and want to sell your $125 ticket. Whoever you sell the ticket to, you will have to send to by mail for a postage cost of $15 (with postal insurance). What is the minimum amount you would be willing to sell the ticket for? Explain your answer.

National Park Tours Co. is a travel agency. The nine transactions recorded by National Park Tours during May 2019, its first month of operations, are indicated in the followingT accounts:

a. Prepare an unadjusted trial balance, listing the accounts in their proper order. Place the amounts in the proper columns. If an entry is not required in an amount box, leave it blank.

b. Based upon the unadjusted trial balance, determine the net income or net loss.
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b. Consider the accounts involved in determining net income or net loss.

National Park Tours Co. is a travel agency. The nine transactions recorded by National Park Tours during May 2019, its first month of operations, are indicated in the following T accounts:

Prepare the nine journal entries from which the postings were made. For a compound transaction, if an amount box does not require an entry, leave it blank.

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Describe in detail a “business process”from Mandarin Hotel.

You are trying to decide whether to take a vacation. Most of the costs of the vacation (airfare, hotel, and forgone wages) are measured in dollars, but the benefits of the vacation are psychological. How can you compare the benefits to the costs? Compare the airfare and hotel costs of the vacation to the foregone wages. Determine the benefits of what you give up by going on the vacation, and compare them to the benefits of going on the vacation. Get a degree in psychology.

1. How would you calculate the population size of a species of plant? How would you calculate the population size of a species of mice?

2. Practice: A biologist originally marked 40 butterflies in a park. Over a period of 30 days, butterfly traps caught 200 butterflies. Of the 200 captured, 8 were found to have tags. Based on this information, what is the estimated population size of the butterflies in the Park?

For each of the following policy changes, explaim why the change is or is not likely to be a Pareto improvement.
a) Building a park, financed by an increase in the local property tax rate
b) Building a park, financed by the donatiom of a rich philanthropist
c)Increasing medical facilities for lung cancer, financed out of a general revenues
d)Increasing medical rate facilities for lung cancer, finances out of an increase in the cigarette tax

A hotel chain wanted to learn about the level of experience of its general managers. A random sample of 14 general managers was taken, and these managers had a mean of 11.72 years of experience. Suppose that the standard deviation of years of experience for all general managers in the chain is known to be 3.2 years. What is the lower limit of a 95% confidence interval for the mean experience of all general managers in this hotel chain?