Raymond B. answered • 01/27/24
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(2)
Math, microeconomics or criminal justice
FC +VC = 400,000 + 10t = 50t
40t = 400,000
t = 10,000 tickets to break even
Manuela S.
asked • 01/27/24Homework Question #2
The Middle Town Performing Arts Theater is planning a new show. The fixed cost is estimated to be $400,000 for the season. The variable cost is $10 per ticket. The box office has set the ticket price at $50. How many tickets does the box office have to sell before the theater can break even?
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