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Find the exhibition expected profit

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Question - A game fair is held at a local exhibition centre. The expected number of participants (NP) is 6,500. The average concession sales estimate (C5) (the admission ticket is not included) is $65 per person. Admission tickets (AT) sell for $10 each, and the exhibition's profit (PR) is the ticket (AS) and concession sales (CS) minus a total fixed cost (FC) of $65,000. Develop a mathematical model to find the exhibition expected profit.

Reference no: EM133187997

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