1. Select a stadium from the list located at the following website:American Football Stadiums by Capacity(Links to an external site.)
2. Estimate the cost of running your stadium on game day. (Include the cost of utilities, security, maintenance on and off the field, employees, etc.Ignore concession and merchandise stands. Also, assume the stadium is paid for meaning there is no outstanding debt.)
3. Estimate the average ticket price based on professional or school website research.
4. Provide your reasoning/assumptions for your estimates (explain how you came up with the figures you include in your estimates).
5. Calculate the breakeven point in tickets using the unit breakeven formula from the textbook.Show your calculations in your posting.
6. Based on your breakeven calculation compare that breakeven tickets number to the stadium's capacity.Is your breakeven point reasonable?