Question
Patricio is in the show business. He decides tobring his good friend Shakira to Boston and organize aconcert there. He has the following costs: Rent
Patricio is in the show business. He decides tobring his good friend Shakira to Boston and organize aconcert there. He has the following costs:
Rent of the hotel where Shakira will singand dance $ 10,000
Flyer advertising $10 perticket
Printing of each ticket tobe sold $ 20per ticket
Feescharged by Shakira $ 100,000
TV advertising $100 perticket
Plane ticketto bring Shakira $ 2,000
Roomwhere Shakira will stay $ 800
Radio advertising $50 perticket
If Patricio decides to charge $ 200 for everyticket to Shakira’s concert, what is the amountof tickets that Patricio must sell to obtain zero profits and zerolosses?
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