Question

Tickets Today contracts with the producer of Riverdance to sell tickets online. Tickets Today charges each...

Tickets Today contracts with the producer of Riverdance to sell tickets online. Tickets Today charges each customer a fee of $6 per ticket and receives $15 per ticket from the producer. Tickets Today does not take control of the ticket inventory. Average ticket price for the event is $150.

How much revenue should Tickets Today recognize for each Riverdance ticket sold?

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Answer #1

For each ticket sold Tickets Today should get Fees + Commission from Riverdance

= $6+$15 = $21 is the answer to this question

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