A local art association holds an annual fair that has expenses of $5247. Based on prior history, the art association expects to make $17429 from the sale of food. This year, the art association would like to make a total profit of $27282 to help pay for an after school program for at risk kids. The fair usually charges an admission of $7. To meet the profit goal, how many people must attend the art fair this year?

Micro Economics For Today
10th Edition
ISBN:9781337613064
Author:Tucker, Irvin B.
Publisher:Tucker, Irvin B.
Chapter14: Environmental Economics
Section: Chapter Questions
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A local art association holds an annual fair that has expenses of $5247. Based on prior
history, the art association expects to make $17429 from the sale of food. This year,
the art association would like to make a total profit of $27282 to help pay for an after
school program for at risk kids. The fair usually charges an admission of $7. To meet the
profit goal, how many people must attend the art fair this year?
Transcribed Image Text:A local art association holds an annual fair that has expenses of $5247. Based on prior history, the art association expects to make $17429 from the sale of food. This year, the art association would like to make a total profit of $27282 to help pay for an after school program for at risk kids. The fair usually charges an admission of $7. To meet the profit goal, how many people must attend the art fair this year?
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