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sergeinik [125]
3 years ago
6

The stadium is being courted to host weekly UFC events, with each event projected to generate $90,000 in revenue. If the cost fo

r hosting one of these events is $40,000, what is the projected profit margin for the stadium over the year? (Assume 52 events per year.)
Business
1 answer:
miskamm [114]3 years ago
6 0
Given:
projected revenue of each event: 90,000
cost of each event: 40,000
weekly events: 52 events per year

Profit = Revenue - Cost
P = 90,000 - 40,000
P = 50,000 per event

Annual Profit = 50,000 per event * 52 events per year  = 2,600,000 
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hammer [34]

Answer:

c. it shifts to the right

Explanation:

Output refers to the total production in the economy. It is equivalent to the total quantity of goods and services supplied in the economy per period. The total output is equivalent to the aggregate supply. Therefore, the output curve will behave as the aggregate supply curve.

Favorable economic conditions increase the total output by firms. Improvement in factors of production will have the same effect as improvement in technology or reduction in taxes. A fall in the price of outputs will encourage more firms to produce more, making the curve to shift to the right.

7 0
3 years ago
Ethics training programs typically teach how to disguise unethical behavior and not how to avoid unethical behavior.
mario62 [17]

Answer: False

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3 years ago
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Verizon [17]

Answer:

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Explanation:

To begin with, in the field of business management and marketing as well, the term of "distressed inventory" refers to the situation where the company has for a long time its products that are not being sell and for that reason the inventory is getting stuck in the business without obtaining profits from that situation. Therefore that in order to address that problem the marketing department alongside with the head manager should start online liquidators to increase the number of sales of those products.

4 0
3 years ago
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m_a_m_a [10]

Answer: Option (B) is correct.

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3 0
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quester [9]

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4 0
3 years ago
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