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An entrepreneur wishes to determine if it would be profitable to sell souvenir T - shirts at a 2 - night rock concert. The shirts

An entrepreneur wishes to determine if it would be profitable to sell souvenir T-shirts at a 2-night rock concert. The shirts would cost $3 each, and booth space and exclusive rights can be obtained for a fee of $4,000 for the weekend. The concert is already sold out for both nights, 12,000 tickets each night. Past experience has shown that approximately 1 in 10 ticket holders buys a shirt. If the sales price of the shirts is $8 each, how many T-shirt in total will have to be sold to generate a pretax operating income of $1,000 per night (i.e., $2,000 for the concerts)?
1.400 shirts
1.200 shirts
2.400 shirts
11.200 shirts
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