A movie theater has fixed costs of $5,500 per day and variable costs averaging $2 per customer. The theater charges $7 per ticket.

Question

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.

Answer 1

let n be the number of customers

7n - 2n ≥ 5500
5n ≥ 5500
n≥ 1100

Answer 2

Thanks