Multiple Choice
Solve the problem.
-Steve invests in a circus production. The cost includes an overhead of $84,000, plus production costs of $9000 per performance. A sold-out performance brings in $15,000. Determine the number of sold-out performances, X, needed to break even.
A) 16 performances
B) 5 performances
C) 15 performances
D) 14 performances
Correct Answer:
Verified
Correct Answer:
Verified
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