Question

Iwona Entertainment Company operates a movie theater that has monthly fixed expenses of $4,000. In addition, the company pays film distributors $1.00 per ticket sold. The following chart shows the number of tickets Iwona expects to sell in the coming year:


Required
Assume that Iwona wants to earn $3.00 per movie patron. What price should it charge for a ticket in January and inSeptember?


$1.99
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  • CreatedFebruary 07, 2014
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