SOLUTION: Vedanta is holding a local dance for the community . he pays $125 to rent the local firehouse for the evening .he must also pay $3 for insurance for every guest at the party . if h

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Question 992358: Vedanta is holding a local dance for the community . he pays $125 to rent the local firehouse for the evening .he must also pay $3 for insurance for every guest at the party . if he changes $8 for entry to the dance , how many ticket must he sell in order to recover all the money he has to pay?


Answer by solver91311(24713) About Me  (Show Source):
You can put this solution on YOUR website!


Let represent the number of guests. The cost function is . The revenue function is .

The break-even point is where Cost equals Revenue. Set the two functions equal to each other and solve for .

John

My calculator said it, I believe it, that settles it