You invest in a new play. The cost includes an overhead of $30,000, plus production costs of $2500 per performance. A sold-out p
erformance brings you $3125. Let x represent the number of sold-out performances. How many sold-out performances must be played in order for you to break even?
Answer: 48 sold-out performances must be played in order for you to break even.
Step-by-step explanation:
Let x represent the number of sold-out performances must be played in order for you to break even.
You invest in a new play. The cost includes an overhead of $30,000, plus production costs of $2500 per performance. This means that the total cost of x sold out performances would be
2500x + 30000
A sold-out performance brings you $3125. This means that he total revenue from x sold out performances would be
If you change the point's x-coordinate, the point will move either to the left or the right, depending on if the number you change is negative or positive.
