Multiple Choice
Toby is arranging for a rock concert to be held in the students union. The use of the hall will be free but security costs of £100 will have to be met. The cost of the main band will be £2,500 and the supporting band will cost £150. Tickets will be priced at £11 each. If Toby sells 500 tickets as he anticipates, what profit will this event make?
A) £2,750
B) £5,500
C) £2,850
D) £2,900
Correct Answer:
Verified
Correct Answer:
Verified
Q1: Lucy expects to produce and sell 9,000
Q2: Gaby is planning to produce and sell
Q3: If the contribution per unit is £15
Q4: Which of the following costs would be
Q5: Which of the following definitions of break-even
Q6: Which of the following is the most
Q8: Toby is arranging for a rock concert
Q9: Gaby is planning to produce and sell
Q10: Which of the following most accurately describes