Steve invests in a circus production. The cost includes an overhead of $120,000, plus production costs of $5000 per performance. A sold-out performance brings in $13,000. Determine the number of sold-out performances, x, needed to break even.
Steve invests in a circus production. The cost includes an overhead of $120,000, plus production costs of $5000 per performance. A sold-out performance brings in $13,000. Determine the number of sold-out performances, x, needed to break even.
Chapter2: Equations And Inequalities
Section2.3: Models And Applications
Problem 23SE: Paul has $20,000 to invest. His intent is to earn11% interest on his investment. He can invest part...
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Steve invests in a circus production. The cost includes an overhead of $120,000, plus production costs of $5000 per performance. A sold-out performance brings in $13,000. Determine the number of sold-out performances, x, needed to break even.
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