A producer has fixed expenses of $980 to put on a 3-day production of a play. Each ticket to the play will be sold for $5.00. Th
e line shows the net profit or loss of the producer based on selling x tickets. What is the minimum number of tickets the producer must sell over the 3-day period in order to earn a profit?
The total expenses to put on a 3-day production of a play is $980. Each ticket to go and watch the play is going to be sold for $5. The producer sells x number of tickets, x number of tickets would cost 5x. Therefore to find the number of tickets the producer must sell so as to make a profit the money generated from selling the tickets must be more than the cost of production. Therefore we use the formula:
5x ≥ 980
Dividing through by 5:
x ≥ 980
x ≥ 980/5
x ≥ 196
Therefore the producer must sell at least 196 tickets so as to make a profit
Area of circle is about 50.30 inches squared. Area of square box is 64 inches squared. Lastly 64 inches minus 50.30 inches is 13.70. So, 13.70 Square Inches Of The Box Is Empty.
