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Broncos stadium at mile high stadium 2.Estimate the cost of running the stadium on game day. (Ignore concession and merchandise stands. Also, assume the stadium
Broncos stadium at mile high stadium
2.Estimate the cost of running the stadium on game day. (Ignore concession and merchandise stands. Also, assume the stadium is paid for meaning there is no outstanding debt.)
3.Estimate the average ticket price.
4.Provide your reasoning/assumptions for your estimates.
5.Calculate the breakeven point.
6.Based on your breakeven calculation compare that number to the stadiums capacity, is your breakeven point reasonable?
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