To see which amount of tickets is the best deal, look at the unit price of each.
To do this, divide the cost of the tickets by the number of tickets to see how much money a single ticket costs in each of the deals.
- $.50/1 = $.50
- $5.00/12 = $.42
- $10.00/25 = $.40
- $25.00/50 = $.50
- $50.00/120 = $.42
A) Buying 25 tickets for $10.00 offers the best deal because each ticket is only worth $.40, compared to the other deals where each ticket is worth $.50 or $.42.
B) Usually, businesses offer a better discount the more of a good someone buys due to marketing purposes. I would suggest that the students make the discount higher as the number of tickets increases. Therefore, more people would be willing to buy more tickets and both the consumer and seller will be happy because more discounts (consumer = happy) and more profit (more ticket sales -> business = happy).