subject
Business, 09.12.2019 20:31 Arealbot

The concert promoters of a heavy-metal band, wer2loud, know that there are two types of concert-goers: die-hard fans and casual fans. for a particular wer2loud concert, there are 1,000 die-hard fans who will pay $150 for a ticket and 500 casual fans who will pay $50 for a ticket. there are 1,500 seats available at the concert venue. suppose the cost of putting on the concert is $50,000, which includes the cost of the band, lighting, security, etc. how much additional profit can the concert promoters earn by charging each customer their willingness to pay relative to charging a flat price of $50 per ticket? a. $150,000 b. $75,000 c. $25,000 d. $100,000

ansver
Answers: 1

Another question on Business

question
Business, 22.06.2019 05:10
1. descriptive statistics quickly describe large amounts of data can predict future stock returns with surprising accuracy statisticians understand non-numeric information, like colors refer mainly to patterns that can be found in data 2. a 15% return on a stock means that 15% of the original purchase price of the stock returns to the seller at the end of the year 15% of the people who purchased the stock will see a return the stock is worth 15% more at the end of the year than at the beginning the stock has lost 15% of its value since it was originally sold 3. a stock purchased on january 1 cost $4.35 per share. the same stock, sold on december 31 of the same year, brought in $4.75 per share. what was the approximate return on this stock? 0.09% 109% 1.09% 9% 4. a stock sells for $6.99 on december 31, providing the seller with a 6% annual return. what was the price of the stock at the beginning of the year? $6.59 $1.16 $7.42 $5.84
Answers: 3
question
Business, 22.06.2019 20:20
This activity is important because as a marketing manager, you must allocate resources to reach your target market. during the strategic marketing process, managers move through three important phases to determine how to optimally allocate resources: a planning phase, an implementation phase, and an evaluation phase. in this interactive exercise, you are asked to review various strategic marketing actions and determine where in the strategic marketing process the action would occur. the goal of this exercise is to demonstrate your understanding of the strategic marketing process and related marketing actions.
Answers: 2
question
Business, 22.06.2019 22:00
In which of the following games is it clearly the case that the cooperative outcome of the game is good for the two players and bad for society? a. two oil companies own adjacent oil fields over a common pool of oil, and each company decides whether to drill one well or two wells.b. two airlines dominate air travel between city a and city b, and each airline decides whether to charge a "high" airfare or a "low" airfare on flights between those two cities.c. two superpowers decide whether to build new weapons or to disarm.d. in all of the above cases, the cooperative outcome of the game is good for the two players and bad for society
Answers: 3
question
Business, 22.06.2019 23:30
Which statement best describes entrepreneurship aitmakes people very rich b it relies on large financial investments c it is only possible in the retail industry d it requires creativity and ambition
Answers: 3
You know the right answer?
The concert promoters of a heavy-metal band, wer2loud, know that there are two types of concert-goer...
Questions
question
Mathematics, 19.01.2021 22:40
question
Mathematics, 19.01.2021 22:40
question
Social Studies, 19.01.2021 22:40
Questions on the website: 13722361