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The Middlebury town council has invited the circus to come to town. The circus owners are trying to determine how many tickets they will need
The Middlebury town council has invited the circus to come to town. The circus owners
are trying to determine how many tickets they will need to sell in order to break even. They estimate
their total fixed costs to be $400,000. The variable cost is $10 per ticket. If circus management
sets the ticket price at $60, how many tickets does the box office have to sell for the circus
to break even?
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