Bud’s Concert Hall hires bands to play on one-week contracts…
Questions
Bud’s Cоncert Hаll hires bаnds tо plаy оn one-week contracts through an agent-booker-representation firm. A typical contract would cost Bud a fixed fee to the band and a percentage of the ticket sales. Specifically, the contract would have Bud’s profit for a week be 90% of tickets minus a $2,000 fixed fee. So, out of the price of a ticket, Bud gets 90% and the band gets 10%. Occasionally, Bud has the opportunity to keep a band for a second week. If Bud keeps the band for a second week, Bud’s profit will be 60% of tickets minus a $2,000 fixed fee. So, Bud keeps a bit less of the ticket sales in the second week of an old band. Bud should switch to a new band if Bud expects the new band to sell
Bud’s Cоncert Hаll hires bаnds tо plаy оn one-week contracts through an agent-booker-representation firm. A typical contract would cost Bud a fixed fee to the band and a percentage of the ticket sales. Specifically, the contract would have Bud’s profit for a week be 90% of tickets minus a $2,000 fixed fee. So, out of the price of a ticket, Bud gets 90% and the band gets 10%. Occasionally, Bud has the opportunity to keep a band for a second week. If Bud keeps the band for a second week, Bud’s profit will be 60% of tickets minus a $2,000 fixed fee. So, Bud keeps a bit less of the ticket sales in the second week of an old band. Bud should switch to a new band if Bud expects the new band to sell
Bud’s Cоncert Hаll hires bаnds tо plаy оn one-week contracts through an agent-booker-representation firm. A typical contract would cost Bud a fixed fee to the band and a percentage of the ticket sales. Specifically, the contract would have Bud’s profit for a week be 90% of tickets minus a $2,000 fixed fee. So, out of the price of a ticket, Bud gets 90% and the band gets 10%. Occasionally, Bud has the opportunity to keep a band for a second week. If Bud keeps the band for a second week, Bud’s profit will be 60% of tickets minus a $2,000 fixed fee. So, Bud keeps a bit less of the ticket sales in the second week of an old band. Bud should switch to a new band if Bud expects the new band to sell
Bud’s Cоncert Hаll hires bаnds tо plаy оn one-week contracts through an agent-booker-representation firm. A typical contract would cost Bud a fixed fee to the band and a percentage of the ticket sales. Specifically, the contract would have Bud’s profit for a week be 90% of tickets minus a $2,000 fixed fee. So, out of the price of a ticket, Bud gets 90% and the band gets 10%. Occasionally, Bud has the opportunity to keep a band for a second week. If Bud keeps the band for a second week, Bud’s profit will be 60% of tickets minus a $2,000 fixed fee. So, Bud keeps a bit less of the ticket sales in the second week of an old band. Bud should switch to a new band if Bud expects the new band to sell