Question

The local baseball team owner hires you to help maximize the team's profits. You are told that costs are constant because enough help is always hired in case of a full stadium, so assume your task is to maximize revenues from ticket sales. Your advice to the owner should be:_________

Answer 1

Answer:

increase price per ticket.

Explanation:

increase price per ticket in proportion to cost incurred.

set up an internal control system to ensure all revenue from ticket are well accounted for.