document.write( "Question 362939: Hello, Can someone please check my answer. Thank you.\r
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document.write( "Essay; show all work. A community 5K run will award $50 to the winner. 80 people enter the race, and they each pay an entry fee of $20. Assuming they are all equally likely to win, what is a fair price for the competition? Round to the nearest cent. \r
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document.write( "E = 50
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document.write( "E = 50-20 = 30\r
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document.write( "Fair price for the competition
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document.write( "To make the game \"fair\", the community should only
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document.write( "charge $2.67 to play the game.\r
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Algebra.Com's Answer #258683 by edjones(8007)![]() ![]() You can put this solution on YOUR website! 80x=50 \n" ); document.write( "x=50/80=$.63 fair price for the competition. \n" ); document.write( ". \n" ); document.write( "Ed \n" ); document.write( " |