Based on the Information Provided in the Table,how Many Single

question 97

Essay

Based on the information provided in the table,how many single and group tickets will need to be sold to meet a target of 5,000 average attendance for a 50-game season?
$$\begin{array} { | l | c | c | c| } \hline \text { Game package } & \begin{array} { c } \text { Games in } \\\text { package }\end{array} & \text { Number sold } & \begin{array} { c } \text { Total tickets } \\\text { sold }\end{array} \\\hline \text { Season tickets } & 50 & 600 & \\\hline \text { 30-game plan } & 30 & 900 & \\\hline \text { 20-game plan } & 20 & 1,300 & \\\hline 10 \text {-game plan } & 10 & 1,500 & \\\hline \text { Total sold } & & & \\\hline \begin{array} { l } \text { Tickets needed for 5,000 average } \\\text { attendance }\end{array} & & & \\\hline \begin{array} { l } \text { Single/group tickets needed to } \\\text { reach goal }\end{array} & & & \\\hline\end{array}$$

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Definitions:

Liquid Form

Refers to the physical state of a substance that is flowing and has no fixed shape but a definite volume.

Open-Market Purchases

The buying of government securities by a central bank from the market to increase the money supply and lower interest rates.

Money Supply

The total amount of monetary assets available in an economy at a specific time, encompassing cash, coins, and balances held in checking and savings accounts.

High Inflation

A situation where the general price level in an economy is increasing rapidly over a short period.