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Mathematics, 07.02.2022 03:10 ansuaprajita1506
A popular college football stadium accommodates 92,000 fans. Ten percent of the highest-priced seats are available in the suites at the stadium. A suite seat sells for $200 per game, while the other 90 percent of seats sell for $60 each per game. The stadium sells out for each home game. A small nonconference team has agreed to play two years consecutively as the opposing team at the large stadium if the home team will pay the smaller nonconference school $1.5 million each year.
Questions
How many seats in the stadium are classified as suite seats?
How many seats in the stadium are not suite seats?
What is the revenue earned at one sold-out game?
What is the net revenue of a game in which the nonconference team plays at the big stadium?
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Answers: 2
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A popular college football stadium accommodates 92,000 fans. Ten percent of the highest-priced seats...
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