Answer:
The price of admission=$24
Explanation:
Since the demand for the museum facility is the same for each resident, the price of admission can be calculated using the expression below;
C=D×P
where;
C=total cost of museum
D=demand
P=admission price
In our case;
C=$2,400,000
D=100,000
P=p
replacing;
2,400,000=100,000×p
100,000 p=2,400,000
p=2,400,000/100,000=24
The price of admission=$24