Question
23. The Star Youth Soccer Club helps to support its 20 boys and girls teams financially, primarily through the payment of coaches. The club puts
23. The Star Youth Soccer Club helps to support its 20 boys and girls teams financially, primarily through the payment of coaches. The club puts on a tournament each fall to help pay its expenses. The cost of putting on the tournament is $8,000 mainly for the development, printing, and mailing of the tournament brochures. The tournament entry fee is $400 per team. For every team that enters, it cost the club about $75 to pay referees for the 3-game minimum each team is guaranteed. If the club needs to clear $60,000 from the tournament, how many teams should it invite? (HINT: formula for the volume for a specific profit = fixed cost + profit amount /price variable cost)
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