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
3125x
To break even, cost = revenue
Therefore,
2500x + 30000 = 3125x
3125x - 2500x = 30000
625x = 30000
x = 30000/625
x = 48
<span>The number of dollars collected can be modelled by both a linear model and an exponential model.
To calculate the number of dollars to be calculated on the 6th day based on a linear model, we recall that the formula for the equation of a line is given by (y - y1) / (x - x1) = (y2 - y1) / (x2 - x1), where (x1, y1) = (1, 2) and (x2, y2) = (3, 8)
The equation of the line representing the model = (y - 2) / (x - 1) = (8 - 2) / (3 - 1) = 6 / 2 = 3
y - 2 = 3(x - 1) = 3x - 3
y = 3x - 3 + 2 = 3x - 1
Therefore, the amount of dollars to be collected on the 6th day based on the linear model is given by y = 3(6) - 1 = 18 - 1 = $17
To calculate the number of dollars to be calculated on the 6th day based on an exponential model, we recall that the formula for exponential growth is given by y = ar^(x-1), where y is the number of dollars collected and x represent each collection day and a is the amount collected on the first day = $2.
8 = 2r^(3 - 1) = 2r^2
r^2 = 8/2 = 4
r = sqrt(4) = 2
Therefore, the amount of dollars to be collected on the 6th day based on the exponential model is given by y = 2(2)^(5 - 1) = 2(2)^4 = 2(16) = $32</span>
Answer:
a = b + k + u
Step-by-step explanation:
hope this helps
Answer:
<h2>$5.625 (per hour)</h2>
Step-by-step explanation:
45÷8 = 5.625
Answer:
what are the coordinates
Step-by-step explanation:
