A local university football tea, has added a national power to nexr year’s schedule.The other team has agreed to play the game for a guaranteed fee of $100,000 plus 25 percent of the gate receipt .Assume the ticket price is $ 12.(a)determine the number of tickets which must be sold to recover the $100,000 guarantee.B)If college official hope to net a profit of 240,000 from the game how many tickets must be solved?c)IF sell-out of 50000 fans is assured what ticket price would be allow the university to earn the desired profit of 240,000?d) again assuming a sellout what would total profit equal if the $12 price is charged?
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Sorry idk
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