Question: Open Range Zoo is a major zoo displaying native animals and exotic animals from all over the world. The entrance fee is $110 per person.
Open Range Zoo is a major zoo displaying native animals and exotic animals from all over the world. The entrance fee is $110 per person. Variable costs of running the park are $65 per visitor and fixed costs are $1,600,030 per annum. What is the number of visitors that would be needed to make a profit of $350,000 per annum? (round to the nearest whole number)
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