Question

Originally 21 acts were tentatively scheduled to perform at the arena; only 10 have been booked. What is the shortfall if the other acts do not perform, assuming an average profit margin of $175,000 for each concert?

Answer 1

21-10=11x175000=
$1925000 shortfall

Answer 2

If there are originally 21 acts being performed and out if that 10 have been booked. And we want to know about the short fall and no other acts are not being performed.

The average profit margin has been given to us of $175,000 for each concert. So we will find the shortfall by calculating it this way:

21 - 10 =11 x 175000= $1925000 shortfall