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Evgen [1.6K]
2 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]2 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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In business, a message written to right a wrong is called a claim. Straightforward claims are those where the receiver is expect
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Explanation:

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Explanation:

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Identify the obstacles that are most relevant for a person trying to become a Geographer. Check all that apply.
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5 0
3 years ago
Read 2 more answers
During 2022, Crane Company entered into the following transactions.
Anastasy [175]

Answer:

Assets = Liabilities + Stockholders' Equity = $206,670

Explanation:

Note: See the attached excel file for the analysis of the tabular analysis of the effect of each transaction on the accounting equation.

From the attached excel file, we have:

Assets = = – $172,670 + 68,620 + $310,720 = $206,670

Liabilities = $68,620

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Liabilities + Stockholders' Equity = $68,620 + $138,050 = $206,670

Therefore, we have:

Assets = Liabilities + Stockholders' Equity = $206,670

Download xlsx
4 0
3 years ago
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