It will bought from higher quantity to lower quantity
When the price of the tickets increases, a number of people who can buy it will decrease which resulted in lower quantity of the total sales.
The only consumer segments that wouldnt be affected by the price changes probably only the loyal fans that basically will follow their teams wherever they go.
Answer:
A) where the firm's marginal revenue equals its marginal cost.
B) average total cost per unit should equal the marginal cost per unit.
C) at their highest level.
Explanation:
Profit maximizing levels where marginal revenue = marginal cost, is applicable to every type of company regardless in what type of market they operate, e.g. perfect competition, monopoly, monopolistic competition, etc.
Answer:
$30,000
Explanation:
the present value of the loan = $100,848 - $30,000 = $70,848
we can use the present value annuity formula:
PV = annual payment x PV annuity factor
annual payment = PV / PV annuity factor
PV = $70,848
PV annuity factor, 25%, 4 periods = 2.3616
annual payment = $70,848 / 2.3616 = $30,000
Introduction
main body of presentation should include for/against if applicable and an evaluation of the points raised
a conclusion