Question 1

Tribeca Putt-Putt Golf

• Sideshow Bob manages the Tribeca Putt Putt Golf course on a third of an acre owned by Tribeca Putt Putt Golf CEO (Krusty the Clown) in the Tribeca area of Manhattan.
• Sideshow Bob charges $45 for nine holes. Annual total revenue is $3,000,000. Annual labor and supply costs are $400,000. Annual accounting profit (total revenue less explicit costs) is $2,600,000.

Please answer BOTH of the following questions:

1. Do some quick research on real estate prices. What are real estate prices like in Tribeca? Cite your source(s).AND
2. What are some profit-improving actions that Sideshow Bob could take to improve Krusty the Clown's return on his property? Please take into account all opportunity costs

Answer rating: 100% (QA)

1 Real Estate Prices in Tribeca According to data from Zillow Tribeca is one of the most expensive neighborhoods in New York City in terms of real est... View the full answer