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stepan [7]
3 years ago
11

Identify two to three factors that affect revenue, expenses, and profit in the business of the Super Bowl:

Business
1 answer:
scoundrel [369]3 years ago
5 0

Answer:

Revenue

  • Ticket Sales - The Super Bowl is one of the most watched sporting events in the world and people pay top dollar to be able to attend it in the stadium. In 2019 the lowest estimate of revenue coming from ticket sales was $65 million.
  • Television Rights - Networks pay to be able to broadcast the Super Bowl as it will bring in a lot of money for them from Ads. Fox, CBS and NBC are said to pay upwards of $2.5 billion every year to broadcast it.
  • Merchandising - Millions are made in revenue from the sales of merchandise leading up to and after the big game.

Expenses

  • Security - With so many people coming to the event, there has to be a provision for both private and public security. This means that Police will have to be paid for overtime and private firms will have to be paid their due.
  • Cleaning - The stadium will have to be cleaned before, during and after the event so cleaning expenses will cost a bit too.
  • Ad Hoc staff - There will be a need for people who will not have a specific job title but will still be needed to run around and embark on errands.

Profits

The profits will depend on how much revenues exceeds costs by so all the above listed factors can affect profit.

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A point outside (to the right of) the production possibilities curve of a nation implies that this nation is using its resources
PtichkaEL [24]

Answer:

is not attainable for this nation

Explanation:

The Production possibilities frontiers is a curve that shows the various combination of two goods a company can produce when all its resources are fully utilised.  

The PPC is concave to the origin. This means that as more quantities of a product is produced, the fewer resources it has available to produce another good. As a result, less of the other product would be produced. So, the opportunity cost of producing a good increase as more and more of that good is produced.

Point outside the curve or to the right of the curve means that the production level is not attainable given the level of resources

Points inside the production possibilities curve means that the nations resources are not being fully utilised

Factors that cause the PPF to shift  

1. changes in technology.  

2. changes in available resources.  

3. changes in the labour force.  

8 0
3 years ago
"Jen operates Jen's Fruits & Vegetables, a small market stocked entirely with produce grown on her adjacent farm. Under what
GarryVolchara [31]

Answer:

The federal government can regulate Jen's activity citing the supreme court rule of the government ability to regulate any activity interstate or intrastate that affects interstate commerce.

In the line of this argument it means that a farmer growing and of goods affects interstate commerce.

The farmers best argument concerning the federal government regulating their activities due to interstate commerce is that his activities are purely local and although I don't believe any court will hear him out.

Explanation:

6 0
3 years ago
Which of the following is true about mortgage-backed securities? I) They aggregate individual home mortgages into homogeneous po
quester [9]

Answer:

I ,II and IV

Explanation:

Mortgage backed securities are either a claim for equity in a pool of mortgages, or a duty secured by a pool. Such claims reflect home loan securities. Loans borrow from mortgage lenders and then sell bundles of those loans on the resale market.

Specifically, once those loans are paid off, they sell their claim to the mortgage cash inflows. The issuer of the mortgage needs to maintain the loan, receiving principal and interest payments, and transfers those payments on to the mortgage borrower.

Therefore according to the given situation the correct answer is I, II, IV

6 0
3 years ago
What types of information could you collect to monitor potential political “trouble spots” around the world?
zlopas [31]

Answer:

The types of information could you collect to monitor potential political “trouble spots” around the world involves having a keen observation of various countries with the following:

1.  Communism or Totalitarianism style of governance

2.  Low General Standard of Living

3.  Few Resource level and control of resources by the few such as Oligarchy

4.  High unemployment rate

5.  Low Literacy status

6.  High Inflation rate

7.  Political instability

8. Increased population expansion rate

9.  Wide-ranged income unevenness

4 0
3 years ago
What is opportunity cost? ( selext the best answer)
bixtya [17]

Answer: the loss of potential gain from other alternatives when one alternative is chosen

Explanation:

8 0
2 years ago
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