Solve the problem.
-Steve invests in a circus production. The cost includes an overhead of $36,000, plus production costs of $6000 per performance. A sold-out performance brings in $9000. Determine the number of sold-out
Performances, x, needed to break even.
A)12 performances
B)13 performances
C)14 performances
D)4 performances

Question

Quizplus · Accepted Answer

To break even, the total revenue must equal the total costs. The total cost is $36,000 + $6000x, and the total revenue is $9000x. Setting these equal gives $36,000 + $6000x = $9000x. Solving for x gives x = 12 performances.

Solve the Problem. -Steve Invests in a Circus Production. the Cost Includes an Cost