KIDS QUIZ
SPORTS TEAMS AND PLAYERS
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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What is the term for the cost of providing an additional number of seats, such as seats on floor during a concert?
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Marginal Cost
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Extra cost
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Variable cost
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Total cost
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Explanation:
Detailed explanation-1: -Marginal cost. The cost of providing an additional number of seats, such as seats on the floor during a concert.
Detailed explanation-2: -Investopedia defines a marketing strategy as the business’s overall game plan for reaching prospective leads and turning them into customers of the products or services the business provides.
Detailed explanation-3: -Demographics refers to statistical data (age, gender, income, etc.) collected for a particular population.
Detailed explanation-4: -Ingress. Refers to the flow of fans to or into the stadium.
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