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
Ymorist [56]
3 years ago
15

The stadium manager has been tasked with maximizing total revenue (bound by current capacity, of course). What price should she

set for tickets to maximize revenue?
Business
1 answer:
Andreyy893 years ago
4 0

Answer:

To maximize revenue based on current capacity, The Stadium Manager should set Premium Price for tickets.

Explanation:

If your aim is to maximize revenue based on the capacity of the stadium, Premium Price is your surest best.

Premium pricing is a type of pricing which involves establishing a price higher than your competitors to achieve a premium positioning.

You will attract the right kind of customers and when you set a premium price, you have raised the bar of expectation from your customers.

This will push the stadium to upgrade their customer service, their operations and delivery.

If this method is carried out properly by establishing club memberships and other marketing incentives, you will retain these premium customers and maximize revenue.

You might be interested in
What types of documents can workers create using DTP? advertisements envelopes databases note cards spreadsheets
Alex73 [517]
The answer is spreadsheets.
4 0
3 years ago
Read 2 more answers
According to McGregor which of the following characterizes the assumptions of a Theory X manager?
Korvikt [17]

Answer:

All of the above

Explanation:

This theory is one of the theories of work and motivation as it pertains to certain workers. The theory is by Douglas MacGregor

These are the assumptions

1.that many people hate anything work and would do anything they can to avoid working.

2.people are not ambitious. They would rather avoid responsibility

3. People have to be forced to work, so they must be directed.

7 0
3 years ago
The sale of turkeys in the United States is highest in mid- to late November, as people buy turkeys to serve at Thanksgiving. Gr
Vilka [71]

Answer:

Occasion

Explanation:

Segmenting: It is a marketing technique of dividing the marketplace into different segment to implement any marketing plan or introducing new product. These segments should be defined, accessible, actionable and profitable.

There are four type of market segmentation:

  • Demographic
  • Pshychographic.
  • Behavioral.
  • Geographic.

Occasion segmentation is one of the way of behavioral segmentation as few market are segmented on the basis of specific occasion and product need to be introduced as per the need of the occassion as it uses customer buying behavior on the particular occasion. Similarly, in the case given the sale of turkey in US increases on the eve of Thanksgiving.

8 0
3 years ago
If the inflation rate unexpectedly rises:_______.a. borrowers gain at the expense of lenders.b. lenders will gain at the expense
Alborosie

Answer:

a. borrowers gain at the expense of lenders

Explanation:

Inflation refers to the sustained increase of the price of a commodity over a period of time.

It can be caused due to increase in production cost or increased demand of a good or service.

The losers during inflation are the creditors because the money loaned out had more value or purchasing power compared to what is repaid. This is due to the fact the borrower will still owe the lender the same amount .

7 0
3 years ago
Read 2 more answers
Sam’s Auto Shop services and repairs a particular brand of foreign automobile. Sam uses oil filters throughout the year. The sho
Sindrei [870]

Answer:

The EOQ is 353 units

Explanation:

The economic order quantity or EOQ is the quantoty that minimized the holding and ordering cost for invetory.

The formula for EOQ is,

EOQ = √(2*D*O) / H

Where,

  • D is the annual demand in units
  • O is the ordering cost per order
  • H is the holding cost per unit per annum

The annual demand of oil filters by Sam is,

Annual demand = 52 * 150 = 7800 filters

The EOQ for Sam Auto Shop is,

EOQ = √(2*7800*16) / 2

EOQ = 353.27 Units rounded off to 353 units

3 0
3 years ago
Other questions:
  • Recommend ways to deal with a indecisivein a workplace
    10·1 answer
  • Antiques ‘r' us is a mature manufacturing firm. the company just paid a dividend of $12.30, but management expects to reduce the
    10·1 answer
  • Hoi Chong Transport, Ltd. Operates a fleet of delivery trucks in Singapore. The company has determined that if a truck is driven
    9·1 answer
  • Cassie is giving a speech about the rising cost of higher education. In her first main point, she talks about how high the cost
    6·1 answer
  • True or false: as a patient, your doctor must have you sign a hipaa consent and release form to share your ephi or phi with insu
    13·1 answer
  • Fargo Inc. is a carbonated beverage manufacturer that has many manufacturing plants around the world. It is planning to shift fr
    7·2 answers
  • How do a sole proprietorship and a corporation differ?
    6·1 answer
  • Gavin is creating a Google Display Ads campaign designed to drive sales on his website. He wants to reach potential customers wh
    5·1 answer
  • A pension plan which promises employees a fixed annual pension benefit, based on years of service and compensation, is called a(
    7·1 answer
  • 20 points Help fast picking brainliest!! Zack wants to cut down on his variable expenses. What will reducing variable expenses a
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!