Of the following, which factor or factors would make it more likely that buying an extended warranty is a good idea? i. the extended warranty overlaps with the manufacturer’s warranty. ii. the product has a high probability of needing repair in the next few years. iii. the product is a major purchase that you are unlikely to soon replace. a. i and iii b. ii only c. ii and iii d. i, ii, and iii

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Asemiprofessional baseball team near your town plays two home games each month at the local baseball park. they split the concessions 50/50 with the city, but keep revenue from ticket sales for themselves. the city charges the team $100 each month for the three-month season. the team pays the players and manager a total of $1,000 a month. the team charges $10 for each ticket, and the average customer spends $7 at the concession stand. attendance averages 30 people at each home game. in order to break even, how many tickets does the team need to sell for each game? a. 33b. 37c. 41e. 49f. 244

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