The Middlebury town council has invited the circus to come to town. The circus owners are trying
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Question:
The Middlebury town council has invited the circus to come to town. The circus owners are trying to determine how many tickets they will need to sell in order to break even. They estimate their total fixed costs to be $400,000. The variable cost is $10 per ticket.
If circus management sets the ticket price at $60, how many tickets does the box office have to sell for the circus to break even?
Related Book For
Introduction To Materials Management
ISBN: 978-9386873248
8th edition
Authors: Arnold J. R. Tony, Gatewood Ann K., M. Clive Lloyd N. Chapman Stephen
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