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Evgen [1.6K]
3 years ago
6

The general manager of the local hockey team hires you to help maximize the team's total revenue. She explains that most costs a

re constant because the entire staff must always be available in case the arena reaches its maximum capacity. If your task were to maximize total revenue from ticket sales, then your advice to the manager would be to set the ticket price
Business
1 answer:
den301095 [7]3 years ago
3 0

Answer:

My advice to the manager is to set the tichet price as close as possible to the point where the price elasticity of demand equals 1

Explanation:

The PED shows the responsivenes of the quantity of a good or service to a change in its price when nothing  changes but the price.

Is the percentage change in the quantity demanded of a good or service divided by the percentage change in the price.  

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3 years ago
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Angelina_Jolie [31]

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8 0
3 years ago
Total quality management firms believe that it is the responsibility of ____ employees to serve the needs of customers.
andriy [413]

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8 0
1 year ago
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LekaFEV [45]

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A type of insurance that protects workers frorm loss wages after an industrial accident that happened on the job is called
Katarina [22]

A type of insurance that protects workers from loss wages after an industrial accident that happened on the job is called worker compensation.

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Thus this is the answer.

To learn more about worker compensation, refer: brainly.com/question/27993713

#SPJ4

8 0
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