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Reptile [31]
3 years ago
10

Suppose that students at Big University buy season football tickets at the beginning of the fall semester. Everyone expects that

the team will have a great season. Students sell individual tickets throughout the season in a competitive market. They can sell tickets to later games (more exciting match-ups) immediately or wait for the game day to approach. If they think the team will have a great season, what will happen in the market for Big University football tickets?A) The current supply will shift to the leftB) The current quantity supplied will increaseC) The current supply will increaseD) The current quantity supplied will decrease
Business
1 answer:
Elena L [17]3 years ago
8 0

Answer:

A) The current supply will shift to the left

Explanation:

The supply curve shifts to the left when the total quantity supplied decreases, which results in a price increase at any given quantity.

If everyone expects that the football team will have a great season, the quantity demanded for tickets will increase, which will increase their price. But the suppliers will also hold to their tickets until a day or two before the games to increase expectations and fans' anxieties. That way the price will increase even more, and they will make a higher profit.

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Answer: Social media allows companies to have a short-term focus.

Explanation:

Social Media has made the world way more connected than it was before even with the advent of the Internet. As such, companies were able to leverage on this to improve their brand and popularity by being present on the various social media platforms.

With social media, companies have been able to marketers to establish a public voice and presence online, cost-effectively reinforce other communication activities, build online forums and communities as well as remain relevant in a fast changing world.

Companies having a short term focus as a result of social media <em>is not a benefit</em> of social media. A company should always think long term and even social media can help them achieve long term growth if long term marketing plans are integrated with social media marketing.

5 0
3 years ago
A company's Income Tax Payable account decreased from $14 million to $12 million during the year. If its income tax expense was
Flura [38]

Answer:

A cash outflow of $82 million is correct answer

Explanation:

Options:

A cash outflow of $12 million.

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A cash outflow of $82 million.

(Hope this helps can I pls have brainlist (crown)

8 0
3 years ago
Read 2 more answers
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2 years ago
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Wittaler [7]
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3 years ago
Noelle, assistant manager at Green Gardens Restaurant, is preparing a questionnaire to help her evaluate customer satisfaction.
wariber [46]

Hi there, i cannot find the complete question so that i can pick an option from so im going to do my best to answer your question.

Explanation:

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1- very bad

2- bad

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With this sort of question to customers, Noelle would be able to get an understanding of how bad or well the restaurant is doing in terms of customer satisfaction.

Cheers.  

7 0
3 years ago
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