The sports association in charge of a tennis event has to set ticket prices. Itsfixed costs are $40,000, the COGS per unit is $5 and its breakeven is 4000spectators. WWhat should be its selling price to the nearest dollar?

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Answered: The sports association in charge of a…

Trigonometry (MindTap Course List)

10th Edition

ISBN:9781337278461

Author:Ron Larson

Publisher:Ron Larson

Chapter3: Additional Topics In Trigonometry

Section: Chapter Questions

Problem 22T

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Similar questions

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The sports association in charge of a tennis event has to set ticket prices. Its fixed costs are $40,000, the COGS per unit is $5 and its breakeven is 4000 spectators. WWhat should be its selling price to the nearest dollar?