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
Mrac [35]
3 years ago
9

Suppose the typical Buffalo Bills fan has the following demand curve for Bills football games: P = 120 – 10G where G is the numb

er of games the fans attends. Suppose the Bills have the chance to offer a season ticket that is good for all eight home games. What price should they charge?
Business
1 answer:
Vika [28.1K]3 years ago
4 0

Answer:

(a) If the Bills want to sell tickets to all 8 games by selling eight individual tickets, they have to set the price P = 120 − 10(8) = 120 − 80 = $40. This yields revenue of $40(8) = $320 from each fan.

(b) If the Bills practice second degree price discrimination, they can effectively charge

P = 120 − 10(1) = 120 − 10 = $110 for single games,

P = 110 + 100 + 90 + 80 = $380 = $95/ticket for a 4-game package, and

P = 110 + 100 + 90 + 80 + 70 + 60 + 50 +40 = $600 = $75/ticket for an 8-game package.

You might be interested in
Which of the following is NOT an advantage of​ e-tailing over traditional​ brick-and-mortar retailing? A. The ability to offer a
Julli [10]

Answer:

D). Customers find it more comfortable to shop and easier to return unwanted items.

Explanation:

Electronic retailing or e-tailing offers the sale and purchase of goods and services online/internet while traditional mortar retailing proposed the goods and services to the customers through a street-side market and face-to-face medium. There are numerous advantages of the upheaval of online retailing like it offers convenient, and quick access to the stores at any time from any place of the world having internet. It saves the traveling time of the consumers and also reduces the infrastructural costs and develops competitiveness. Thus, as per the question, the option that does not display an advantage of e-tailing is option D as a return in brick-and-mortar was more convenient than e-tailing.

6 0
3 years ago
job ________ involves division of an organization’s work among its employees and application of motivational theories to jobs to
jeka94
Dfhtddffgvcdfgggvvcdcvbhhjjjjjjjjrr the Eder
6 0
2 years ago
Jim would like to learn more about what it's like to be a in college.without having to take college classes or difficult exams.
MAVERICK [17]
B Advanced Placement
5 0
2 years ago
Internal controls are designed to accomplish five objectives that include compliance with legal​ requirements, promote operation
Ira Lisetskai [31]

Answer:

<u>Ensure accurate reliable accounting records</u>

Explanation:

Internal controls refer to those processes and procedures employed by the management of an entity so as to ensure efficient operations and to keep a check on frauds and compliance with better reporting requirements.

For example, biometric system of recording employee attendance which keeps a check as in who is actually on payroll and elimination of any dummy entries from the records.

The purpose of internal control is to safeguard assets, ensure that employees adhere by company policies, compliance with the law, promote operational efficiency and ensure reliable financial reporting without misrepresentation of facts.

3 0
3 years ago
Which filter can be used to find a specific project when in the work area?
ANEK [815]

The filter that can be used to find a specific project when in the work area is: Project name.

<h3>Project Filter</h3>

When looking or searching for a particular project  that meet your requirement  in a work area, in order to find the project the best thing to do is to include the following filter as it will enables you to find the project you are looking for;

  • Project name
  • Due date
  • Template name
  • Team member

Therefore the filter that can be used to find a specific project when in the work area is: Project name.

Learn more about project filter  here:brainly.com/question/23643337

#SPJ11

6 0
1 year ago
Other questions:
  • _________ memos state policies or procedures the writer wishes the reader to follow.
    9·1 answer
  • The primary measure of a nation's level of development is its _____.
    8·1 answer
  • Which idea forms the basis of double-entry accounting?
    9·1 answer
  • The following is a list of accounts and their balances for Benson Company for the month ended June 30, 20xx. Prepare a trial bal
    5·1 answer
  • Find the present value that will grow to $45,000 if interest is 3.6% compounded monthly for 1 year.
    12·1 answer
  • Which of the following will most likely give the most assurance concerning the valuation assertion about accounts receivable?A.
    8·1 answer
  • A firm is considering a project requiring an investment of $30,000. The project would generate an annual cash flow of $7,251 for
    7·1 answer
  • How did you find the total expense?
    14·1 answer
  • Business owners are less optimistic about the health of the economy. What will be the effect on aggregate demand
    13·1 answer
  • What are the most important facts that support Lambert's Position that a contract existed?
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!