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
aleksley [76]
4 years ago
7

The University of Michigan football stadium, built in 1927, is the largest college stadium in America, with a seating capacity o

f 111,500 fans. Assume the stadium sells out all six home games before the season begins, and the athletic department collects $93.66 million in ticket sales. Required: 1. What is the average price per season ticket and average price per individual game ticket sold
Business
1 answer:
cricket20 [7]4 years ago
8 0

Answer:

a. $840

b. $140

Explanation:

a. The calculation of the average price per season ticket is shown below:-

Average price per season ticket = Total price of season tickets ÷ Sitting capacity

= $93,660,000 ÷ 111,500

= $840

b. The calculation of average price per individual game ticket sold is shown below:-

Average price per individual game ticket sold = Average price per season ticket ÷ Six home games

= $840 ÷ 6

= $140

Therefore we simply applied the above formula for computing the average price per season ticket and average price per individual game ticket sold.

You might be interested in
Producing one yard of cloth requires 3 worker and 1 capital, while producing one pound of food requires 1 worker and 2 capital.
Afina-wow [57]

Answer:

d. 3QC + QF = 720

Explanation:

The labor constraint is the resource limitation in terms of labors. If labor resource is scarce then production schedule needs to prepared with special attention to utilize the resource in best possible way. The labor constraint  is 3QC + QF = 720 for the ROW.

5 0
3 years ago
The marketing manager of ToyBiz indicated that due to manufacturing efficiencies and market buzz, a new toy they were about to l
Yuliya22 [10]

OPTIONS:

A. economic feasibility

B. legality

C. ethicalness

D. practicality

E. functionality

Answer:

C. ethicalness

Explanation:

Ethicalness as to do with the quality of how morally right a a course of action is. It borders on principles of morality. As stated in the question above, it is already a known fact that the toy has  a risk of malfunctioning which could most likely cause injury to the user. Going ahead to launch s toy that can cause injury is morally not right, even though the toy met the set industry standards. We can imply that ethicalness was ignored by the company executive in the decision making.

6 0
3 years ago
If a country of 300 million people has a total income of $12 trillion, its per capita income is:
DIA [1.3K]
12,000,000,000,000/300,000,000
Remove 8 zeroes from each value:
120,000/3 = 40000
The per capita income is $4000
So the per capita income is $40000 for every man, woman, and child.
6 0
3 years ago
During its calendar year 2019, a city issued $800,000 of bonds to acquire various items of capital equipment. By the end of 2020
padilas [110]

Answer:

The city's net investment in capital assets is $30,000

Explanation:

To calculate the city's net investment in capital assets we start with the total amount of capital assets:

Capital assets                                        $800,000

minus accumulated depreciation        ($120,000)

<u>minus outstanding bonds                    ($650,000) </u>

net capital assets                                    $30,000

3 0
4 years ago
A company produces a product with the upper specification limit of 22 inches long and the lower specification limit of 18 inches
kotegsom [21]

Answer:

0.83

Explanation:

Given that ;

the upper specification limit USL = 22 inches

the  lower specification limit LSL =  18 inches.

Mean average length \bar X =  19 inches

Standard deviation \sigma  = 0.4 inches

The process capability ratio/index C_{pk= Min[\dfrac{USL - \bar X}{3(\sigma)}, \dfrac{\bar X - LSL}{3( \sigma)}]

C_{pk= Min[\dfrac{22 - 19}{3(0.4)}, \dfrac{19- 18}{3( 0.4)}]\\

C_{pk }= Min[\dfrac{3}{1.2}, \dfrac{1}{1.2}]\\

C_{pk }= Min[2.5  \ ,\ 0.83]\\

The process capability ratio/index = 0.83

8 0
3 years ago
Other questions:
  • What benefit does the PPO provide? Select all that apply.
    6·2 answers
  • If an attorney performs some estate tax work for a client and the client agrees to pay $6,000 to him and $5,000 to a local finan
    10·2 answers
  • Stagflation in the 1970s is most associated with:
    6·1 answer
  • Given the following account balances at year end, compute the total intangible assets on the balance sheet of Anisha Enterprises
    13·1 answer
  • Julia's is an upscale women's clothing store. prices are based on customers' beliefs about the value of the clothing. the store
    15·1 answer
  • Scampini Technologies is expected to generate $25 million in free cash flow next year, and FCF is expected to grow at a constant
    10·1 answer
  • Yesterday, you entered into a futures contract to buy euro at $1.50/€. Your initial margin was 45% and your maintenance margin i
    12·2 answers
  • Braxton's Cleaning Company stock is selling for $33.25 per share based on a required return of 11.7 percent. What is the the nex
    9·1 answer
  • Jan makes an hourly salary of $9.00 for 40 regular hours of work. For each hour worked over 40 hours, she is paid at a rate of $
    7·1 answer
  • Gill company calculated equipment depreciation for the month of $500. the necessary adjusting entry will include a:_________
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!