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A semiprofessional baseball team near your town plays two home games each month at the local baseball park. The team splits the concessions 50/50 with the city but keeps all the revenue from ticket sales. 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 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.
The team earns mce_markernbsp; in revenue for each game and mce_markernbsp; revenue each season.
With total costs of mce_markernbsp; each season, the team finishes the season with mce_markernbsp; of profit.
What are the advantages and disadvantages in making unethical decisions as a manager of a corporation that trade stocks and bond in the open public?
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U(X,Y) = X2Y. The consumer has $24 to spend and the prices of the goods are PX = $2 and PY = $4. Note that the MUX = 2XY and the MUY = X2.
The Wall Street Journal discusses a trend among some large US Corporation to base the compensation of outside members of their boards of directors partly on the performance of the corporation.
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