The promoter for the Rolling Stones tour guaranteed $1.2 million to the group. In addition, 20% of

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The promoter for the Rolling Stones’ tour guaranteed $1.2 million to the group. In addition, 20% of the gross goes to the stadium where the performance is staged and another $400,000 for other expenses such as ticket takers and advertising.

What amount of sales dollars are required for the promoter to break even?

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Elementary Statistics

ISBN: 978-0321691231

8th edition

Authors: Neil A. Weiss

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Posted Date: Jan 02, 2021 06:16 AM

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The promoter for the Rolling Stones tour guaranteed $1.2 million to the group. In addition, 20% of

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Fixed cost 20 of the gross Fixed cost 020 x 1200000 Fixed cost 24... View the full answer

Elementary Statistics

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