Answer those question as what you think and find:

1. Assume the NFL Super Bowl is going to be held in Glendale, AZ. What kind of events, accommodations, transportation arrangements, etc. could be offered by the Grand Canyon University Hotel and Convention Center to coincide with the event and attract more revenue?

2. Your potential customer has contacted you about organizing and hosting a business convention your facility could actually accommodate, but for which your facility could only offer rooms for about 50-75% of the expected out-of-town attendees. How would you respond to this person?

3. What considerations are relevant when creating pro forma statements? What considerations need to be made when developing pro forma statements for your revenue-generating ideas?

4. Describe how a study group of economics students could experience economies of scale as they study for an economics exam. Justify your answer.

5. In a shopping mall in a large city, the Rudolph the Reindeer store sells only merchandise for the Christmas holiday season. Most of the stores revenue and profit are attributable to the months of October, November, and December. However, the store is open throughout the year. If the owner of the store is rational, what criterion does he or she use in deciding to keep the store open year-round?