Do you still need help with this?
Total expense= sum of all expenses incurred
= commission+legal fees+advertising+printing cost+accounting fees
Total amount of shares sold=$ 2000000 x $62.5
=$ 125000000
commission= 4% of the total amount of shares sold = .04x12500000
=$ 5000000
total expenses= $5000000+$2255500+$450000+$324400+$386000
=$8415900
selling expense/share = $8415900/2000000
=$4.21/shareThe total expense per share is $4.21.
Answer:
$50 per ticket.
Step-by-step explanation:
Although it is tempting to keep raising the price for a higher profit, if you raise the price by too much, people will stop buying tickets and you will not gain as much money as you could have gotten with, say, $50 per plate.
The more you raise the price, the less tickets you can sell.
Hope this helps!
It has to be one of the negative answers. I’m not sure which one but I am sure it’s a negative number. :)
