You have exactly 10 minutes to get to class for
1 answer:
You might be interested in
Find the intersection point between the 2 restraint equations:
Substitute back in to find y-value:
P is maximized at point (12,6)
Substitute back in to find y-value:
P is maximized at point (12,6)
Answer:
The venue has to host 47 events throughout the year
Step-by-step explanation:
Profit:
Profit is revenue subtracted by costs.
Per event:
$100,000 revenue
$50,000 costs
$100,000 - $50,000 = $50,000 profit.
If the venue wants to make a total profit margin of $2,350,000, how many events does the venue have to host throughout the year?
1 event - $50,000 profit.
x events - $2,350,000 profit.
The venue has to host 47 events throughout the year