A movie theater has fixed costs of $5000 per day and variable costs averaging $6 per customer.

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A movie theater has fixed costs of $5000 per day and variable costs averaging $6 per customer. The theater charges $11 per ticket.

(a) How many customers per day does the theater need in order to make a profit?

(b) Find the cost and revenue functions and graph them on the same axes. Mark the break-even point.

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Applied Calculus

ISBN: 9781119275565

6th Edition

Authors: Deborah Hughes Hallett, Patti Frazer Lock, Andrew M. Gleason, Daniel E. Flath, Sheldon P. Gordon, David O. Lomen, David Lovelock, William G. McCallum, Brad G. Osgood, Andrew Pasquale

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A movie theater has fixed costs of $5000 per day and variable costs averaging $6 per customer.

Question:

Step by Step Answer:

a We know that the function for the cost of running the theater ...View the full answer

Applied Calculus

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