1. Business
  2. Economics
  3. i only want the answer of part c...

Question: i only want the answer of part c...

Question details

i only want the answer of part c

2-19. An amusement park faces large fixed costs of 500,000 per month and low average variable costs of $10 per visitor. It charges all visitors a flat entry fee of $50 for unlimited rides a. What is the breakeven point for this park? b. The park currently has 42,000 visitors a month and proposes to raise its entry fee to $60 per person in order to cover the cost of a new Harry Potter-themed ride. What is the new breakeven point if the variable cost increases to $15 per visitor? c. If the park now receives 25,000 visitors a month because of the increase in entrance fee in Part (b), will the park still be profitable? (2.2)

Solution by an expert tutor
Blurred Solution
This question has been solved
Subscribe to see this solution