Answer:
hello your question lacks the required table attached is the table
answer : the total revenue
= price * no of tickets
for $20 at 1000 tickets = $20000
Marginal Revenue
= Revenue per tickets
Marginal cost = 6000 + 12 x
x = number of tickets
Explanation:
marginal cost = $12
fixed costs per game = $6000
seating capacity = 6000
A) the total revenue
= price * no of tickets
for $20 at 1000 tickets = $20000
Marginal Revenue
= Revenue per tickets
Marginal cost = 6000 + 12 x
x = number of tickets
attached is the detailed solution and the missing table
If net income rise, but the number of shares outstanding remains the same, eps will rise. The given statement is true.
The amount earned by an individual or business after costs, allowances, and taxes is referred to as net income. Net income in company is the amount that remains after all costs, such as salaries and wages, the cost of goods or raw materials, and taxes, have been paid.
Net income, as used in business and accounting, is an entity's revenue less costs associated with producing it, depreciation and amortization, interest, and taxes for a certain accounting period.
Learn more about Net income here
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