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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 Tshirts at a night rock concert. The shirts would cost $ each, and booth space and exclusive rights can be obtained for a fee of $ for the weekend. The concert is already sold out for both nights, tickets each night. Past experience has shown that approximately in ticket holders buys a shirt. If the sales price of the shirts is $ each, how many Tshirt in total will have to be sold to generate a pretax operating income of $ per night ie $ for the concerts
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