A concert venue wants to project profit from sales of souvenirs at the upcoming weekend concert. Based on past data, 65% of patrons will buy at least one souvenir. The attendance of the event is expected to be 14,600 patrons. If the venue typical earns $20 from the sale of each souvenir and the company donates 30% of its proceeds to local charities, what is its expected amount the company earns as profit? incorrect option. Answer explanation has been updated Check answer button removed A. A $9,490

$132,860

Step-by-step explanation:

The attendance of the event is expected to be 14,600 patrons.

Based on past data, 65% of patrons will buy at least one souvenir.

Therefore at least:

0.65 X 14600 =9490 patrons will buy at least one souvenir.

Each Sourvenir costs $20

Total Least Expected Income = 9490 X $20 =$189,800

Since the company donates 30% to local charities,

Expected Profit= $189,800 - (30% of $189,800)

= $189,800-56940

=$132,860

-2

7 - 9 = -2

reversed:

-2 + 9 = 7

-8/2y-8=5/y+4-7y+8/y^2-16

we move all terms to the left:

-8/2y-8-(5/y+4-7y+8/y^2-16)=0

we can not solve this equation