The Maize Eagles Are Evaluating Ticket Prices for Its Basketball

question 39

Multiple Choice

The Maize Eagles are evaluating ticket prices for its basketball games.Studies show that Friday and Saturday night games average more than twice the number of fans compared to other days.The following information pertains to the stadium's normal operations per season: $\begin{array}{lrl}\text { Average fans per game (all games) } & 2,500 \text { fans } \\\text { Average fans per Friday and Saturday night games } & 3,500 \text { fans } \\\text { Number of home games per æeason } & 30 \text { games } \\\text { Stadium capacity } & 3,500 \text { seats }\\\text { Variable operating costs per operating hour } & \$ 2,000 \\\text { Marketing costs per season for basketball } & \$ 138,750 \\\text { Customer-service costs per season for basketball } & \$ 25,000\end{array}$ The stadium is open for 5 operating hours on each day a game is played.All employees work by the hour except for the administrators.A maximum of one game is played per day and each fan has only one ticket per game.
The stadium authority wants to charge more for games on Friday and Saturday.What is the minimum price that should be charged for peak attendance nights?

• A) $4.40
• B) $8.60
• C) $6.19
• D) $171.45

Understand the role of lifestyle factors in promoting health and fitness.

Recognize the importance of psychological and sociological perspectives in defining adulthood and maturity.

Analyze the relationship between physical activity, fitness, and health outcomes.

Discuss the characteristics and health status of different age groups in adulthood.

---

Definitions:

Immigration

The action of coming to live permanently in a foreign country.

Hardy-Weinberg Equilibrium

A principle that states the genetic variation in a population will remain constant from one generation to another in the absence of disturbing factors.

Heterozygotes

Individuals having two different alleles of a particular gene, resulting in a mixture of genetic traits.

Null Hypothesis

A default hypothesis that there is no significant difference or effect, used as a starting point for statistical significance testing.