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You are conducting a feasibility study for the potential construction of a youth sports facility that will house 1 2 baseball / softball fields. A
You are conducting a feasibility study for the potential construction of a youth sports facility that will house baseballsoftball fields. A private ownership group will fund of the $ million facility construction costs. They are likely to receive a bank loan at interest.
While doing your research, you find that the fields would likely hold tournaments each year. The fixed cost for operating the facility on an annual basis is projected to be $ and variable costs are $ per tournament. With thhe facility operator charging $ to tournament operators to host a weekend tournament for break even, what is the total fiscal impact of the event as well as the average total expenditure for each incremental visitor?
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