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Bramell Park is an amusement park with an entrance fee that allows unlimited rides. Last year, the company sold 102,000 one-day admission tickets with an
Bramell Park is an amusement park with an entrance fee that allows unlimited rides. Last year, the company sold 102,000 one-day admission tickets with an average price of \\( \\$ 139 \\) and 37,000 three-day admission tickets with an average price of \\( \\$ 308 \\). The park management expects one-day admission ticket volume to decrease by 12 percent and three-day admission ticket volume to Increase by 4 percent. At the same time, Increased competition is expected to result In one-day ticket prices that are 15 percent lower than the current level and three-day ticket prices that are 10 percent lower than the current price. Required: Estlmate admission revenues for Bramell Park for the coming year. Note: Do not round your Intermedlate calculations
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