QUESTION 4 of 10: It is estimated that 32 patrons will attend an event for every $100 spent in advertising. If tickets cost $75,
how much can a
promoter expect to increase sales if he spends $25,000 in advertising?
2 answers:
Answer:
Step-by-step explanation:
Spend on advertising = $25000
32 patrons per $100
<u>Number of patrons:</u>
<u>Sales amount:</u>
<u>Increase in sales excluding advertisement cost:</u>
- $600000 - $25000 = $575000
Answer:
$600,000
Step-by-step explanation:
$25,000 / 100 then 250 x 32 then 8,000 x 75 to get $600,000
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