Refer to the Broadway worksheet

You are thinking of opening a Broadway play, I Love You, You're Mediocre, Now Get Better! It will cost $$5$

million to develop the show. There are $8$ shows per week, and you project the show will run for $100$

weeks. It costs $$1000$ to open the theatre each night. Tickets sell for $$50\mathrm{.}00,$ and you earn an average of

$$1\mathrm{.}50$ profit per ticket holder from concessions. The theatre holds $800,$ and you expect $80\%$ of the seats

to be full.

Hint: here are your inputs that you'll need to fill in$.$

Ignoring development costs for now, how much profit would be earned if the play ran for just two

weeks?

Round your answer to the nearest dollar.

Answer: