Question
A movie theater has fixed costs of $5,500 per day and variable costs averaging $2 per customer. The theater charges $7 per ticket.
How many customers per day does the theater need in order to make a profit? Give the smallest possible value.
The theater makes a profit when it has more than _______ customers.
How many customers per day does the theater need in order to make a profit? Give the smallest possible value.
The theater makes a profit when it has more than _______ customers.
Answers
let n be the number of customers
7n - 2n ≥ 5500
5n ≥ 5500
n≥ 1100
7n - 2n ≥ 5500
5n ≥ 5500
n≥ 1100
Thanks
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