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Why would an event marketer promote an upcoming celebrity golf tournament at an exclusive course as an once-in-a-lifetime event?
Sales
4,000
To determine how many products they must sell to breakeven
Situational
$10.97
Inelastic
50 units
To generate higher ticket prices
A business decided to produce 6,000 football cushions and sell them for $6 each. They cost the company $4 each to produce. How many cushions must the company sell to break even?
Sales
4,000
To determine how many products they must sell to breakeven
Situational
$10.97
Inelastic
50 units
To generate higher ticket prices
When setting ticket prices for professional baseball games, the organization considers the performance of the team. Which factor is considered?
Sales
4,000
To determine how many products they must sell to breakeven
Situational
$10.97
Inelastic
50 units
To generate higher ticket prices
Why do sportswear stores calculate breakeven in units?
Sales
4,000
To determine how many products they must sell to breakeven
Situational
$10.97
Inelastic
50 units
To generate higher ticket prices
An increase in ticket prices is most accepted by fans if a sport has which demand for tickets?
Sales
4,000
To determine how many products they must sell to breakeven
Situational
$10.97
Inelastic
50 units
To generate higher ticket prices
A business purchased a line of items for resale that cost $9.32 each. Expenses total $1.65 per item. What is the breakeven price per item?
Sales
4,000
To determine how many products they must sell to breakeven
Situational
$10.97
Inelastic
50 units
To generate higher ticket prices
Determine the breakeven point in units using the total fixed cost, $4,000; variable cost per unit, $20; and selling price per unit, $100.
Sales
4,000
To determine how many products they must sell to breakeven
Situational
$10.97
Inelastic
50 units
To generate higher ticket prices
When a hockey team set its ticket prices so it can achieve its goal of increasing its fan base by five percent, the hockey team established a price objective in conjunction with which type of activity?
Sales
4,000
To determine how many products they must sell to breakeven
Situational
$10.97
Inelastic
50 units
To generate higher ticket prices
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