1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Goryan [66]
3 years ago
10

A university is trying to determine what price to charge for tickets to football games. at a price of ​$30 per​ ticket, attendan

ce averages 40 comma 000 people per game. every decrease of ​$5 adds 10 comma 000 people to the average number. every person at the game spends an average of ​$5.00 on concessions. what price per ticket should be charged in order to maximize​ revenue? how many people will attend at that​ price?
Business
1 answer:
sammy [17]3 years ago
3 0

Xmax = -44545.45 / -363.63 = 122.50

^ are there any options or you have to type in the answer?

You might be interested in
Ordinary kriging method assume that​
Stels [109]
Ordinary kriging, for which the assumption of stationarity (that the mean and variance of the values is constant across the spatial field) must be assumed.
6 0
3 years ago
10. ABC Company uses a job-order costing system and computes its predetermined overhead rate annual on the basis of direct labor
Ne4ueva [31]

Answer:

Predetermined overhead rate is $9 per labor hour

Explanation:

Estimated Direct-labor hours = 10,000

Estimated Manufacturing overheads = Estimated Fixed overheads + Estimated variable overheads

Estimated Manufacturing overheads = $50,000 + $40,000

Estimated Manufacturing overheads = $90,000

Predetermined overhead rate = Estimated Manufacturing overheads / Estimated Direct-labor hours

Predetermined overhead rate = 90,000 / 10,000 = $9 per labor hour

8 0
3 years ago
The sales manager is convinced that a 11% reduction in the selling price, combined with a $65,000 increase in advertising, would
Zarrin [17]

Answer:

net income increase of 11.25%

Explanation:

If the price p is reduced a 11% means that new price will be p(1-0.11)

New price = 0.89p

The new quantities demandes will increase a 25%, this means that the new quantities will be Q*(1+.025) = 1.25Q

So, the net income under this new circunstances will be

1.25 Q * 0.89P = 1.1125 P*Q

This means a net income increase of 11.25%

8 0
3 years ago
A company engineer has an idea that by implementing an IoE solution the company will save time in getting a product to market. T
frozen [14]

Answer:

Software system modeling is a technique to deal with the complexity inherent in these systems. The use of models helps the software engineer to "visualize" the system to be built. In addition, models of a higher level of abstraction can be used for communication with the customer. Finally, the modeling tools and those of Automated Software Engineering. They can help verify the correctness of the model.

3 0
4 years ago
All publicly traded companies must adhere to __________ accounting principles: a. IFRS b. SEC c. GAAP d. SOX
aev [14]

Answer:

c

Explanation:

Its c

4 0
3 years ago
Other questions:
  • Indicate all items in the following list that are not consumption goods and services and explain why.Item a​: A chocolate barIte
    9·1 answer
  • In many respects, today's schools, when viewed as an example of a formal organization, are similar to factories, hospitals, and
    7·2 answers
  • What are the 5 stages of investing
    5·1 answer
  • Carla has applied for a loan. Which condition makes it likely that she will get an unsecured loan?A.She has a very good credit h
    15·2 answers
  • A country decides to produce wool. Which of the following key economic questions does this decision address?
    11·1 answer
  • Not all cash a company generates will be returned to the investors. Which of the following will not reduce the amount of capital
    10·1 answer
  • Ramirez's adjusted basis in a passive activity is $45,000 at the beginning of the year. His loss from the activity for the curre
    15·1 answer
  • Consider Kellogg's production and price choices in the breakfast cereal industry when it is characterized by the price-leadershi
    13·1 answer
  • david wants to know if his company's resources are being used in the best, most productive manner in order to achieve company go
    6·1 answer
  • Determine for which type of financial responsibility centers the following managers are most likely responsible.
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!