Thinking about bringing impressionist exhibit to saratoga

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Reference no: EM131323885

The Modern Arts Center is thinking about bringing an impressionist exhibit to Saratoga for 30 days. The Center expects 200 people per day to visit the exhibit, each paying the $10 entrance fee. Daily costs for security, extra power, and added custodial services will be $1500. What is the maximum amount that the Center can afford to spend on fixed costs, such as organizing and bringing the exhibit to town, and still break-even? Hint, “break-even quantity” in this problem is measured in days.

1,500

$15,000

20,000

2,000

Reference no: EM131323885

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