menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Sport Facility Operations Management
  4. Exam
    Exam 7: Financial Management, Operational Decision Making, and Budgeting
  5. Question
    A Soccer Match Has an Audience of 40,000 and 30,000
Solved

A Soccer Match Has an Audience of 40,000 and 30,000

Question 1

Question 1

Multiple Choice

A soccer match has an audience of 40,000 and 30,000 spectators are required to breakeven. Each ticket costs $40, which of the following best describes the margin of safety:


A) $40,000
B) 10,000 spectators
C) None of the above
D) Both a and b

Correct Answer:

verifed

Verified

Related Questions

Q2: The fixed costs of a swimming pool

Q3: If a product costs $24 and can

Q4: Operational decision making is concerned with:<br>A) Health

Q5: The principal cause of business failure is:<br>A)

Q6: The majority of costs that sport facility

Q7: Businesses need to make a profit in

Q8: Explain what is meant by the breakeven

Q9: Is budgeting an isolated mechanical exercise or

Q10: If a budget does not balance, what

Q11: Consider a sports facility that you are

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines