Sweepstakes does not require a consumer to purchase anything aside from the the ticket they will fill out for a chance to win prices.
<h3>What is Sweepstakes?</h3>
Sweepstakes is a form of gambling in which everyone involved in the contest pay a certain amount of money and the winner is awarded with a price or the money contributed.
Therefore, Sweepstakes does not require a consumer to purchase anything aside from the the ticket they will fill out for a chance to win prices.
Learn more about Sweepstakes below.
brainly.com/question/2033774
First, calculate for the total operating cost of the park through the equation,
TC = TV + TF
where TC is the total cost,
TV is the total variable cost which is equal to the product of the variable cost per visitor and number of visitor, and
TF is the total fixed cost.
Substituting the known values,
TC = ($15)(1,750,000) + $60,000,000 = $86,250,000
Then, the total revenue is the product of the cost of ticket and the number of visitors.
TR = ($50/visitor)(1,750,000 visitors) = $87,500,000
Subtracting the two values will give us an answer of $1,250,000.
ANSWER: $1,250,000
Answer:
Explanation:
using the following formulars
Net purchase = (Gross Purchase) - (purchase return) - (purchase discount) + freight-in
Beginning inventory + Net purchases = cost of goods available for sales
Cost of goods sold = cost of goods available for sale - ending inventory
for 2013 we have that
beginning inventory = cost of goods available for sale - net purchases
Net purchases = 630 - 24 - 18 + 13 = 601
2013, beginning inventory = 876- 601 = 275
Ending inventory = 876 - 627 = 249
2014,
Begning inventory = closing inventory of 2013 = 249
Cost of goods available for sale = 621 + 225 = 846
Net purchase -Cost of goods available for sale - beginning inventory = 846 - 249 = 597
Gross purchase = 597 + 15 + 30 - 32 = 610
2015
Cost of good sold = 800 - 216 = 784
Net purchase = 800 - 225 = 575
purchase discount = 585 -575 - 14 + 16 = 12
If the government takes this approach, consumer surplus would increase.
A monopoly is when there is only one firm operating in an industry. A natural monopoly occurs when there is a high start-up cost associated with opening a business or a firm enjoys economies of scale.
Consumer surplus is the difference between the willingness to pay of a consumer and the price of the good. As the price of a good declines, consumer surplus increases. P2 is lower than P1, this means that if price is regulated to P2, consumer surplus would increase.
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Answer: Synergy
Explanation:
Synergy is described as the intercommunication in between two or more entities in order to construct a collaborative effect. This effect is known to be greater than the effort that would have be in place , if they were acting alone. In comparison to the cross media concurrence, the synergy takes place when the media commodity is being advertised across the other platforms. Example, a commodity being promoted in a movie.
