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Tanya [424]
1 year ago
5

The opportunity cost of buying a ticket to a major league baseball game and then going to the game is:________

Business
1 answer:
TiliK225 [7]1 year ago
7 0

<u>The </u><u>opportunity cost </u><u>of buying a ticket to a major league baseball game and then going to the game is</u><u> the time spent at the game.</u>

How much does going to a baseball game cost?

  • If you are going to Friday night's Orioles sport in opposition to the Yankees, the common fee is $168. That's one of the maximum cheap withinside the league.
  • The most inexpensive is the Arizona Diamondbacks at about $126 even as looking a Red Sox sport in Boston is the maximum highly-priced. The common fee is greater than $324.

Are baseball tickets highly-priced?

Watching your favored baseball group stay withinside the stadium can be highly-priced business, with price price tag fees withinside the league starting from 167 U.S. greenbacks for the Boston Red Sox to fifty two U.S. greenbacks for the Baltimore Orioles.

Learn more about baseball game cost

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2 years ago
Jupiter Explorers has $7,800 in sales. The profit margin is 4 percent. There are 6,100 shares of stock outstanding, with a price
Law Incorporation [45]

Answer:

The company's price–earnings ratio is 36.

Explanation:

Price earning ratio is the ratio of market value of share to earning per share. It shows that how much investors are willing to pay for each dollar of earning of the company.

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0.04 = Net Income / $7800

Net Income = $7800 x 0.04 = $312

Earning Per share = Net Income / number of outstanding shares

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Price earning ratio = Market price of share / Earning per share

Price earning ratio = $1.8 / $0.05 = 36

3 0
3 years ago
Hanover, inc. purchased land through the issuance of long-term bonds. how is this reported on the statement of cash flows?
avanturin [10]
The purchase of land by Hanover, Inc. through the issuance of long term bonds should be reported on the statement of cash flows as
significant non cash investing and financing activity that merits disclosure.
5 0
3 years ago
The _____ of an organizational life cycle is characterized by growth and the expansion of organizational resources.
Verizon [17]

Answer: The _youth_ of an organizational life cycle is characterized by growth and the expansion of organizational resources.

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7 0
2 years ago
First,label the following scenarios as to whether they would create a producer or consumer surplus. Then, after you have labeled
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Alice is willing to spend $30 on a pair of jeans, and has a coupon for $10 off she found online. She selects and purchases a $35 pair of jeans, pre-discount. 
(Alice's consumer surplus, $5)

<span>Jeff finds some steaks for $16 for which he would have been willing to pay $20. The butcher notices the meat is near the expiration date and gives him an extra 75% off. </span>
(Jeff's consumer surplus, $16)

<span>Nicole has in her possession a hockey puck from the 2010 Winter Olympic Games and sells it on eBay. She will only sell the puck if the winning bid is greater than or equal to $500. After bidding closes, the last bid stands at $500. </span>
(Nicole's producer surplus, $0)

<span>Claire is trying to sell her used calculus textbook online. She asks for $150 or best offer and is willing to sell for anything over $100. She is able to sell it for $125. </span>
(Claire's producer surplus, $25)


<span>Roy is willing to pay $2.50 for a sports drink. He notices the price is $2.79 and chooses not to purchase a sports drink. (Roy's consumer surplus, $0)</span>
8 0
2 years ago
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