A movie theater has fixed costs of dollar-sign 9000 per day and variable costs averaging dollar-sign 3 per customer. The theater charges dollar-sign 12 per ticket.
How many customers per day does the theater need in order to make a profit? Give the smallest possible value.
2 answers
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$9000 + $3x =12x
solve for x and that will give you the break-even point. One more person will give you the profit.
solve for x and that will give you the break-even point. One more person will give you the profit.
2 answers