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masha68 [24]
3 years ago
8

A rock star intentionally sets her ticket prices below what would be necessary to sell out her shows. how might this be justifie

d by a manager whose goal is to maximize long-term profit?
Business
1 answer:
drek231 [11]3 years ago
6 0
<span>the answer to this question is: The revenue sacrificed represents a very small share of the show's revenue
The only way the show can still earn profit by selling cheap tickets is if they're gaining additional revenue from another streatm of income, such as selling merchandise on the concerts, providing beer and snacks, or selling autograph and photos</span>
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When a government introduces regulations addressing worker safety and environmental protection, it affects businesses and consum
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3 years ago
Given below is an excerpt from a management performance report:
pychu [463]

Answer:

The answer is b. manager's overall performance is 20% above expectations.

Explanation:

The budget overall performance is:  Budgeted Contribution margin - Budgeted Controllable fixed costs = 1,000,000 - 500,000 = $500,000;

The Actual overall performance is:  Actual Contribution margin - Actual Controllable fixed costs = 1,050,000 - 450,000 = $600,000;

Variance in dollar term of actual overall performance over budget overall performance = $600,000 - $500,000 = $100,000

% variance of actual overall performance over budget overall performance = 100,000/500,000 = 20%

Thus, actual overall performance is 20% above expectation.

5 0
4 years ago
Which customers help in the profitability and growth of an organization?
Igoryamba

Both external and internal customers help in the profitability and growth of an organization in a direct or indirect manner.

An external customer is someone who decides to spend money with a company because they enjoy the product or service. A business would not be in business without the support of the customer. These people are the reasons the business is successful and profitable. An internal customer is anyone within the organization that uses the good or service.

5 0
3 years ago
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Which of the following choices is not considered a revenue producing business enterprise?
exis [7]
<span>b. public schools is the answer i did the test.</span>
3 0
4 years ago
Annuity repayment vs level principal repayment. can you compare these payments methods​
andriy [413]

Answer: See explanation

Explanation:

Annuities are referred to as the loans that one would have to pay back over a period of time with a particular interest rate. It should be noted that annuities have consistent payments for the period that the loan will be paid back. An example of annuity is the car loan or the mortgage.

For a level principal loan, it should be noted that the principal payment will remain constant and won't change while there'll be a reduction in the interest rate over the period that the loan will be paid back. This means that there will be w reduction in the payments as the time progresses.

5 0
3 years ago
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