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October 25, 2014

Homework Help: math

Posted by Jane on Tuesday, January 10, 2012 at 5:51pm.

Finding a break-even point: How do I set up the equation and solve?

Producing a musical costs $88,000 plus $59,000 per performance. One sold-out performance earns $7500 in revenue. If every performance sells out, how many performances are needed to break even?

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