Answer:
2,240
Explanation:
The total number of projected attendance is 80,000. If 705 will make purchases. It means 70% of 80,000 will buy.
=70/100 x 80,000
=0.7 x 80,000
=56,000 attendants will buy
If they are 25 vendors, each vendor will sell to
=56,000/25
=2,240
on average, each vendor will sell to 2,240 customers
If the purpose of a licensing statute is to raise revenue, a contract with an unlicensed professional may be enforceable is TRUE.
Revenue raising statutes. these are licensing statutes enacted to elevate money for the government. unlicensed persons can put in force contracts and recover for rendering services.
Specialists to gain a license, authorities has some say over who can carry out which jobs as well as how many people can perform those jobs. 2. the second main purpose of licensing statutes is extra intently related to the general public interest.
Business licenses preserve corporations accountable for their sports and conduct and guard the general public's fitness and safety. professional licenses imply the quantity of competence and know-how that a specific professional possesses.
Learn more about licensing statute here:- brainly.com/question/15443448
#SPJ4
conglomerates and verticals combine different products while horizontal specializes in just one.
They do not usually lessen competition in the market place.