Review the table below, then address all sub-questions

Determine the breakeven point for this event _____________ adult ticketsQuestion 6(a) 2 marks

Question 6(b) 2 marks

Assuming that no sponsorship or broadcasting rights income was forthcoming, what would be the breakeven point for this event? __________ adult tickets

Question 6(c) 2 marks

Assuming that 200 adult tickets were sold, based on the income and expenses specified in the table above, calculate the profit this event would generate $__________ profit

Question 6(d) (expected response length 50 words) 4 marks

You wish to explore renting a better quality big-top tent, and learn that doing so would cost $7000 instead of $3000. Assuming that 170 adult tickets are sold, would the event still make a profit? Explain your answer.

Income Expenses Fixed income Fixed costs Sponsorship $2000 Lighting rental $1500 Broadcasting rights $3000 Big-top tent rental $3000 Variable income Portable washroom rental $2000 Adult ticket $50 each Stage rental $1000 Sound system rental $600 Variable costs Variable costs per adult ticket $14 per ticket sold