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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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Explanation:

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3 years ago
A firm has $600,000 in current assets and $150,000 in current liabilities. Which of the following is correct if it uses cash to
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Answer:

4) Net working capital will not change.

Explanation:

The best answer to the question is the 4th option. The net working capital will not be changed if company would be usingcash to pay off their accounts payable. Also the difference that exists between current assets and current liabilities will also stay the same way as it was before. current ratio will go up to 5.5.

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4 0
3 years ago
A newly created design business called Smart Art is just finishing up its first year of operations. During the year, there were
vladimir2022 [97]

Answer:

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Explanation:

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4 0
3 years ago
Read 2 more answers
How do the pricing strategies for corporations differ from nonprofit organizations?
nikitadnepr [17]
Corporations get cheap, and resell for more to earn a profit, Non profit organizations usually buy and resell for what they paid for or even less, sometimes free, for example some Bible publishers. Their intent is to make something available for everyone <span>to further a particular </span><span>social cause</span>
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3 years ago
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Answer: representing the group

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From the question, we are informed that a nurse encourages employees to implement a magnet recognition program in the organization and that the nurses think beyond their own personal needs and are clear about the group outcomes.

The leadership quality according to gardner’s tasks that is reflected in the activity of the nurse is the representing the group. The leader sets aside their personal aim for the group.

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3 years ago
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