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Ymorist [56]
2 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:
Andreyy892 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.

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__________ is a narrative presentation analyzing the internal and external environment of an organization and its publics as it
Basile [38]

Answer:

situation analysis

Explanation:

Hope my answer helped :)

8 0
2 years ago
In the market for beef, the price of a pound of beef falls Explain the effect of this event on the quantity of beef supplied and
Lera25 [3.4K]

Answer:

E. The quantity of beef supplied decreases and the supply of beef is unchanged.

Explanation:

In the market for beef, the price of a pound of beef falls. The effect is "the quantity of beef supplied decreases and the supply of beef is <u>unchanged</u>. The reason is that any price change of the product will not shift the demand or supply but changes the quantity supplied.

5 0
2 years ago
Accessory Industries has 2 million shares of common stock outstanding, 1 million shares of preferred stock outstanding, and 100
Natalija [7]

Answer:

Equity is 0.29

Debt is 0.64

Preferred stock 0.07

Explanation:

WACC=Ke*E/V+Kd*D/V*(1-t)*Kp*P/V

However, the requirements of the question is weights of the bonds,equity and preferred stock which are E/V,D/V and P/V respectively

E is the value of equity=2,000,000*$22=$44,000,000

D is the value of debt =100,000*$1000*96%=$96,000,000

P is the value of prefered stock=1,000,000*$10.50=$10,500,000

Total firm's finance(V)                                                   $150,500,000

E/V=$44,000,0000/$150,500,000=0.29

D/V=$96,000,0000/$150,500,000=0.64

p/v=$10,500,000/$150,500,000=0.07

4 0
2 years ago
Read 2 more answers
On December 1, 2016, Fine Dining Products borrowed $84,000 on a 12%, five-year note with annual installment payments of $16,800
kenny6666 [7]

Answer:

$16,800

Explanation:

The amount of the note payable as the current position of long term notes payable on the  balance sheet as of December 31, 2016 can be calculated by just dividing the principal amount by the number of periods it has been borrowed for

Calculation: 84000/5 = $16,800

3 0
3 years ago
Compared to attending a technical school, completing a four-year college degree allows you to
Ivanshal [37]
Enter the workforce sooner
7 0
3 years ago
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