Taylor and a group of friends have set up a weekend baseball tournament. The tournament will...
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Taylor and a group of friends have set up a weekend baseball tournament. The tournament will be held on Saturday and Sunday. They can rent a baseball field for a daily charge of $60 and equipment for $42 per day. If they hire an independent umpire, they would need to pay $87 for the day. They would arrange to have caps made for each player at a cost of $8 each. If Taylor can get 63 people to participate in the tournament, what price should be charged for admission to recover costs? The price for admission to the tournament should be $ (Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed.) Taylor and a group of friends have set up a weekend baseball tournament. The tournament will be held on Saturday and Sunday. They can rent a baseball field for a daily charge of $60 and equipment for $42 per day. If they hire an independent umpire, they would need to pay $87 for the day. They would arrange to have caps made for each player at a cost of $8 each. If Taylor can get 63 people to participate in the tournament, what price should be charged for admission to recover costs? The price for admission to the tournament should be $ (Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed.)
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Related Book For
Consumer Behavior Buying, Having and Being
ISBN: 978-0133450897
11th edition
Authors: Michael R. Solomon
Posted Date:
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