Solved

The Indianapolis Motor Speedway Hosts the Indianapolis 500, the Brickyard

Question 42

Multiple Choice

The Indianapolis Motor Speedway hosts the Indianapolis 500, the Brickyard 400, in addition to other races. During their respective peaks, both events were sellouts. The 2009 through 2011 versions of the Brickyard 400 saw 100,000 or more empty seats. It would have been in that owner's best interest to


A) reduce ticket prices so that sellouts would resume.
B) spend money to reduce seating.
C) set the ticket price to where MC=MR which may mean that there would not be a sellout.
D) spend as much money on advertising as necessary to ensure a sellout.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents