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The VA-TX Company is going to present a newproduct in SantaClara,California. In this event,VA-TX will present a seminar with a coffee break. The auditorium's capacity

The VA-TX Company is going to present a newproduct in SantaClara,California. In this event,VA-TX will present a seminar with a coffee break. The auditorium's capacity is 500 people. The cost of renting the place is $4000/day, utilities included. Moreover, the cost of the food and drinks is $5 per person. After some other experiences, the company knows that 50% of the audience buys its product, which is priced at $75. Is Santa Clara a profitable place to do the kind of campaign?

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