Case D
The committee of a sport organisation is considering three different venues to stage a major fundraising event. Venue A has a maximum seating capacity of 500 people and costs $1,200 to hire. Venue B has a maximum capacity of 1000 and costs $3,500 and Venue C has a maximum capacity of 2000 and costs $9,000. If the variable cost for each participant is $5.20 irrespective of venue, which venue would be the most profitable at maxmum capacity. You should assume that the committee can sell all seats in the venue.
Enter appropriate data into the YELLOW cells in all three venue tables and work which venue would be most profitable.