The Brisbane Nets, a netball team, play their weekly games at a large stadium in Milton. The stadium holds 6 000 people and tickets sell for $40 each. The team's management estimates that the team's annual fixed costs are $720 000 and that the variable cost per ticket sold is $4. (In the following requirements, ignore income taxes.)

Required:

1-Draw a CVP graph for the sports team. Label the axes, the break-even point, profit and loss areas, fixed costs, variable costs, total cost line and total revenue line.

2-If the stadium is two-thirds full for each game, how many games must the team play to break even?