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
Advocard [28]
4 years ago
12

The economic significance of successful ticket scalping (scalpers sell tickets at higher than official prices) at baseball games

is that:
Business
1 answer:
Vinvika [58]4 years ago
5 0
<span>Scalpers lead to the understanding that there is an overabundance of demand for tickets in comparison to the supply of tickets. With buyers willing to pay a premium for the scalped tickets, this can show that there is the ability for ticket prices to be raised and customers will still purchase them.</span>
You might be interested in
The following table reports real income per person for several different economies in the years 1960 and 2010. It also gives eac
icang [17]

Answer:

Thailand

Ireland

c

Explanation:

Thailand  has the highest annual growth rate so it is fastest economy to grow in rela income per person form 1960 to 2010 that is 4.91%

Irleand has the highest real income per person in year 2010 that is $41,558

Ireland, Pakistan and Thailand had lower real income per person than Finland in 1960 but only Ireland had higher real income per person than Finland in 2010.

8 0
4 years ago
All of the following are examples of results of unethical business actions except:
lawyer [7]
Answer: A

Explanation:
6 0
3 years ago
Read 2 more answers
Consider a portfolio comprised of four risky securities. Assume the economy has three states with varying probabilities of occur
olga nikolaevna [1]

Answer:

B. The portfolio expected rate of return must be the same for each economic state.

Explanation:

Variance formula = sum of (probability x (r - mean)^2)

r= expected return

if the expected return would be same for each economic state then the mean would equal to expected return which ultimately will give variance zero ( as r-mean would be 0).

Hence the correct option is B. The portfolio expected rate of return must be the same for each economic state.

8 0
3 years ago
_________ management emphasized internal operations because managers were concerned primarily with meeting the explosive growth
xenn [34]

Answer:

Systematic management

Explanation:

Systematic management is an approach of management which focus on the process of the management instead of the final outcome. The objectives of this approach to the management are:

To establish the particular procedures and processes to be used in the completion of the job task.

So, the systematic management is the one which focus on the internal operations as managers are concerned with the growth brought about through the Industrial Revolution.

5 0
4 years ago
Sawaya Co., Ltd, of Japan, is a manufacturing company whose total factory overhead costs fluctuate considerably from year to yea
coldgirl [10]

Answer:

Explanation:

1. Indirect Material variable cost Per Direct Labor HR 5000000/50000=100

Indirect Material (variable) 100*75000 =7500000

Rent Fixed 6000000

Hence total Maintenace Fixed =17625000-7500000-600000= 4125000

2.

                   Low            High      Change

Cost 3250000 4125000 875000 [4125000-3250000]

Activities 50000          75000   25000

variable Portion of Maitencance cost =875000/25000= 35.00

Fixed cost=4125000-75000*35=1500000

Variable cost=35

cost formula for maintenance= 1500000+35b

3.

Indirect Material (variable) 100*70000 = 7000000

Rent Fixed                      6000000

Maintenance cost = 1500000+35*70000=3950000

5 0
3 years ago
Other questions:
  • Company A sells paper coffee cups to all Costa Coffee locations in the UK. Company B sells dinner plates to Nando’s in the UK. C
    10·1 answer
  • If you are accused of a criminal act, you can substantially lower your legal costs by _____.
    12·2 answers
  • Suppose that a natural disaster substantially increases the cost of producing cheese. we would predict that the equilibrium quan
    12·1 answer
  • A local business woman borrows $14,000.00 at $299.70 per month for 62 months, how much total
    9·1 answer
  • A company purchased factory equipment on April 1, 2022 for $128,000. It is esti salvage value at the end of its 10-year useful l
    6·1 answer
  • Using property she inherited, Lei makes a 2020 gift of $16,200,000 to her adult daughter, Doris. Neither Lei nor her husband, Gr
    6·1 answer
  • If the production of a product or service involves external benefits, then the government can improve efficiency in the market b
    12·1 answer
  • Which statement best describes the circular flow of an economy?
    9·1 answer
  • Among ________, women and men shop on the Internet with equal frequency, and men tend to spend more per purchase transaction tha
    10·1 answer
  • Deforestation can significantly reduce the amount of water vapor in the atmosphere. see section 12.16 (page) . true false
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!