Answered

Connect with a community that values knowledge and expertise on IDNLearn.com. Join our interactive Q&A platform to receive prompt and accurate responses from experienced professionals in various fields.

It is estimated that 32 patrons will attend an event for every $100 spent in advertising. If tickets cost $75, how much can a promoter expect to increase sales if he spends $25,000 in advertising?.

Sagot :

Temdan2001idn

In order to increase sales if he spends $25,000 in advertising, the promoter should be expecting 600,000 dollars

If It is estimated that 32 patrons will attend an event for every $100 spent in advertising.

The cost of tickets = $75,

If he spends $25,000 in advertising, divide the amount by 100 dollars

25000/100 = 250

This means 32 x 250 = 8000 patrons is estimated to attend an event.

Since each ticket cost 75 dollars, then, the promoter should expect to increase sales by multiplying 75 dollars by 8000 patrons. That is,

75 x 8000 = 600,000 dollars

Therefore, the promoter should be expecting 600,000 dollars to increase sales if he spends $25,000 in advertising.

Learn more about advertisement here: https://brainly.com/question/25556823

We value your participation in this forum. Keep exploring, asking questions, and sharing your insights with the community. Together, we can find the best solutions. IDNLearn.com has the solutions to your questions. Thanks for stopping by, and come back for more insightful information.