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On July 4'th Dizzyland had 67,000 visitors and collected approximately $2,814,000. How much money should Dizzyland expect to receive on New Year's Day when park attendance reaches 71,000 people?

A. Approximately $2,964,000
B. Approximately $2,810,000
C. Approximately $2,814,000
D. Approximately $2,900,000

User RaminS
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1 Answer

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Final answer:

Dizzyland should expect to receive approximately $2,964,000 on New Year's Day, calculated by determining the average revenue per visitor and then multiplying by the expected number of visitors on that day.

Step-by-step explanation:

The question asks how much money Dizzyland should expect to receive on New Year's Day when park attendance reaches 71,000 people, given that on July 4th it had 67,000 visitors and collected approximately $2,814,000. To solve this, we first calculate the average revenue per visitor on July 4th by dividing the total revenue by the number of visitors. That gives us:

(Revenue on July 4th) / (Number of visitors on July 4th) = $2,814,000 / 67,000 visitors

We then multiply the average revenue per visitor by the expected number of visitors on New Year's Day.

(Average revenue per visitor) * (Number of visitors on New Year's Day) = Expected Revenue on New Year's Day

Plugging in the numbers:

($2,814,000 / 67,000 visitors) * 71,000 visitors = Expected Revenue on New Year's Day

By doing this calculation, we find that the expected revenue for New Year's Day is Option A, Approximately $2,964,000.

User BanForFun
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