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PIT_PIT [208]
2 years ago
15

The Phoenix Suns decide to increase their ticket prices for next season. We might expect revenue will rise due to the higher pri

ces revenues might fall, given that basketball is a luxury revenues will rise, given that Phoenix is a large city revenues will fall, given that the Suns operate a monopoly.
Business
1 answer:
vaieri [72.5K]2 years ago
5 0

We might expect revenue will rise given that Phoenix is a large city.

<h3>What is a revenue?</h3>

This refers to the income generated from normal business operations which are calculated by average sales price * the number of units sold

Because Phoenix Suns decide to increase their ticket prices for next season, then, we might expect revenue will rise given that Phoenix is a large city.

Therefore, the Option B is correct.

Read more about revenue

<em>brainly.com/question/4618859</em>

#SPJ1

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Hair World Inc. is a wholesaler of hair supplies. Hair World uses a perpetual inventory system. The following transactions (summ
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Net Sales

Gross Revenue                                           $‭101,200

Less:

Sales Discount                         $288

Sales Returns                          <u> $1,000 </u>      <u>  $1,288</u>

Net Sales                                                      $‭99,912‬‬

Gross revenue  = 83,200 + 18,000 = $‭101,200‬

Gross Profit

Net Sales                                                      $‭99,912‬

Less: Cost of Goods sold                           <u> ($‭52,747‬)</u>

Gross Profit                                                  $‭‭47,165‬

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If a company reorganizes its operation to gain efficiency, the cost associated with this reorganization is classified as
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