Question

A statistical study concluded that the average fan at a typical sporting event spends approximately $7.50 on concessions. if only one vendor is licensed to sell at a concert that expects a turnout of 10,000, what is the projected sales total for the vendor? a) $7,500 b) $15,000 c) $75,000 d) $150,000

Answer 1

The correct answer is C) $75,000.

We multiply the average amount each customer spends by the projected number of customers:
7.50(10,000) = 75,000