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Maksim231197 [3]
3 years ago
11

Many Super Bowl football tickets are resold online for several times their face value. As the game day approaches, unsold ticket

s will likely:
a) rise in price to make up for unsold tickets.

b) rise in price to target desperate last minute buyers.

c) fall in price to avoid letting the ticket go unsold.

d) fall in price because demand falls as game day nears.
Business
1 answer:
Alenkasestr [34]3 years ago
8 0

Answer:

The answer is b) rise in price to target desperate last minute buyers.

Explanation:

Last minute buyers would buy the tickets despite the increase in price. Revenue is likely to be maximized from the premium in the tickets' price.

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MC Qu. 95 A job was budgeted to require... A job was budgeted to require 2 hours of labor per unit at $12.00 per hour. The job c
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The direct labor rate variance is negative 16,500

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Exchange rates are an effective way to analyze the price of one currency in terms of another currency with _____________________
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Exchange rates are an effective way to analyze the price of one currency in terms of another currency with the tools of demand and supply.

<h3>What do you mean by exchange rate?</h3>

Exchange rates refer to the value of one's nation's currency over the currency of another nation.

An exchange rate can be fixed or free-floating. A fixed exchange rate is pegged to the value of other currency and a free-floating exchange rate may rise or fall due to changes in the foreign exchange market.

Thus, exchange rates are an effective way to analyze the price of one currency in terms of another currency with the tools of demand and supply.

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brainly.com/question/14930716

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