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Sauron [17]
3 years ago
6

24. Armin is trying to decide whether to buy a season pass to his college basketball team’s 20 home games this season. The cost

of an individual ticket is $14, and the cost of a season pass is $175. The season pass will admit Armin to any home basketball game at no additional cost. What is the minimum number of home basketball games Armin must attend this season in order for the cost of a season pass to be less than the total cost of buying an individual ticket for each game he attends?
Business
1 answer:
aksik [14]3 years ago
8 0

Answer:

13 Home games

Explanation:

A season pass cost for home games =$175

Individual ticket per game    =$14

For season pass to be less than  total home game tickets  

i.e $175 must be than ($14 X Homegames )  

i.e 175 = 14XHG

    HG=   175/14=12.5 Approx. 13 games

    Total cost of 13 games is ($13X14)=$182. {$175 is less that $182}

Ardim must attend 13 games.

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DochEvi [55]

Answer:

c) $ 24,200

Explanation:

Computation of Total Period costs

Fixed selling and Administrative expenses                       $  8,800

Variable Selling and Administrative costs

$ 7 per unit * 2,200 units sold                                            <u>$ 15,400</u>

Total period costs                                                                $ 24,200    

The fixed manufacturing overhead is part of manufacturing costs so not considered.

The variable selling and administrative costs are based on units sold and not units produced.

5 0
4 years ago
What is the condition for profit maximization for a pure competitive firm?
Reika [66]
I believe this needs to come from a non monetary source. Pure competition allows for no price change between firms. So profit maximization needs to come from market share. I believe the answer would have to be in service levels or ease of business improvements. If you are forced to have the same price levels the levers to pull are few but the exist only customer service, ease of transacting, other value add initiatives. Just my thoughts
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3 years ago
Towne Snow Removal's cost formula for its vehicle operating cost is $1,470 per month plus $399 per snow-day. For the month of No
kodGreya [7K]

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4vir4ik [10]
Performance planning; performance assessment
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GrogVix [38]

The correct answer is Free trade.

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<h3>What is Free Trade? </h3>
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  • It helps in maintaining a healthy global economy and enables countries to form better relations.
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To learn more about trade barriers visit:

brainly.com/question/27863334

#SPJ4

5 0
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