A seasonal bus tour firm has 5 buses with a capacity of 60, Ask an Expert

Economics

A seasonal bus tour firm has 5 buses with a capacity of 60 people each. Each customer pays $25 for a 1-day tour. The firm has an expense of $5/customer and a fixed annual cost of $360,000. If occupancy on the buses average 80% each day, how many days per year must the firm operate to break even?

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Business Economics, Economics

Category:- Business Economics
Reference No.:- M91704220

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