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SS Question 4 3 pts The Oklahoma City Zoo has proposed adding to their website...

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SS Question 4 3 pts The Oklahoma City Zoo has proposed adding to their website a major 'e-zoo segment providing a virtual tour of the grounds and animals, suitable for both routine enjoyment and educational purposes in classrooms. Survey data indicate that this will have either a neutral or positive effect upon actual zoo attendance. The website will be professionally done and have an initial cost of $325,000. Upkeep, refreshing the videos, and developing videos for scientific research and entertainment will cost another $80,000 per year. The zoo is expected to be in operation for an indefinite period; however, a study period of only 10 years for the e-zoo website is to be assumed in any economic analysis, with only a residual (salvage) value of $60,000 for the archival value being anticipated at the end. MARRIS 10%/year. An estimated 100,000 persons will visit this new e-zoo in the first year, increasing by 30,000 each year. What should the minimum e-ticket price per person be for this e-zoo if this website addition is to be recommended. $0.61 $0.72 O $0.56 50.48 ? A 4

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