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Insight Box Concept Check 8 One outdoor Rolling Stones' show should bring 70,000 individuals for a gross of $2.45 million. The promoter guarantees $1.2 million

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Insight Box Concept Check 8 One outdoor Rolling Stones' show should bring 70,000 individuals for a gross of $2.45 million. The promoter guarantees $1.2 million to the Rolling Stones. In addition, 20% of gross goes to the stadium in which the performance is staged. Add another $400,000 for other expenses such as ticket takers, parking attendants, advertising, and so on. The promoter also shares in sales of T-shirts memorabilia for which the promoter will net over $7 million during the tour. I Rolling Stones concerts includes revenue from the sale of T-shirts and memorabilia into his/her calculations, how much ti revenue is variable and is projected on the basis of full occupancy f the promoter of the cket revenue is needed to breakeven on a concert? Assume that non-ticket O $1,764,565 $2,000,000 O $1,680,925 O $1,891,445 Insight Box Concept Check 8 One outdoor Rolling Stones' show should bring 70,000 individuals for a gross of $2.45 million. The promoter guarantees $1.2 million to the Rolling Stones. In addition, 20% of gross goes to the stadium in which the performance is staged. Add another $400,000 for other expenses such as ticket takers, parking attendants, advertising, and so on. The promoter also shares in sales of T-shirts memorabilia for which the promoter will net over $7 million during the tour. I Rolling Stones concerts includes revenue from the sale of T-shirts and memorabilia into his/her calculations, how much ti revenue is variable and is projected on the basis of full occupancy f the promoter of the cket revenue is needed to breakeven on a concert? Assume that non-ticket O $1,764,565 $2,000,000 O $1,680,925 O $1,891,445

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