Connect with a major influencer who is willing to spread

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Reference no: EM133630104

Question: You just landed an awesome internship with the world-famous Chicago Theatre (you know, the one with the cool marquee on State Street). Your boss wants you to help the theatre become more profitable and expects you to bring some ideas to your first official meeting. Because you are a genius who took BUS 101 (whoo!), you came up with a few ideas that will help increase total revenue and decrease total cost. To keep your thoughts organized, look at the ideas below and match them to the part of the profit function to which each action corresponds. Question 8 options: An action that is likely to decrease cost by decreasing fixed costs An action that is likely to decrease cost by decreasing variable costs An action that is likely to increase revenue by increasing price An action that is likely to increase revenue by increasing quantity demanded 1. Idea: connect with a major influencer who is willing to spread the word about upcoming shows at the Chicago Theatre (in exchange for free seats to some shows), so that more people want to visit the theatre. 2. Idea: negotiate a better price for the annual taxes the theatre is paying

Reference no: EM133630104

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