Harper and her band want to put on a concert. They have looked at two venues, a small one and a large one, and have compiled the following information:
Small Large
Capacity of venue 400 1200
Fixed costs $2000 $5000
The variable cost per customer for both venues is $2. The band will charge $10 per customer for the small venue or $14 for the large venue. What is the breakeven point of the large venue?