Business Studies, asked by wadia332, 1 year ago

If the ratio of patrons to advertising dollars is 8.65:1, how much should the arena spend if it wants 15,000 attendees at the basketball game? (Round to the nearest dollar.)

Answers

Answered by Rupicapra
4

Answer: The arena needs to spend $1734.10 if to wants 15,000 attendees at thebasketball game.

We calculate the amount the arena needs to spend as follows:

We have :

\frac{Patrons}{Advertising Dollars} = \frac{8.65}{1} = 8.65

Susbtituting the number of patrons required to attend we get,

\frac{15000}{Advertising Dollars} = 8.65

\frac{15000}{8.65} = Advertising Dollars

\mathbf{Advertising Dollars = $1734.10}

Answered by Arslankincsem
3

Explanation:

Answer: The ratio of the patrons advertising dollars is 865:1. There are 15000 attendees.  We need to calculate the arena spend on the basketball game. We know,   patrons / Advertising dollar = 8.65/1 = 8.65. If we substitute this by the number of patrons needed to attend we can say 15000/ Advertising dollar = 8.65.  Thus, Advertising dollar = 15000/8.65 = 1734.10. Thus 1734.10 need to be spent by the arena to attract 15000 attendees for the game.

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