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(Solved): Suppose you have purchased a concert ticket for $150. However, with 2 days till the concert date, yo ...



Suppose you have purchased a concert ticket for $150. However, with 2 days till the concert date, you have to leave for a business trip and can’t attend the concert. You decide to sell your ticket on StubHub. If the cost of sending the ticket to someone through overnight mail is $20, what is the minimum you should accept for the ticket?

 



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It's the breakeven formula, where the total cost equa
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