Final answer:
The total revenue generated from the sale of 1900 season ticket packages at $260 each is $494,000. This is calculated by multiplying the number of packages by the price per package.
Step-by-step explanation:
To calculate the total revenue generated from the sale of season ticket packages, we need to multiply the number of ticket packages sold by the price of each package. In this case, the local theatre company sells 1900 season ticket packages at a price of $260 per package.The calculation would therefore be: 1900 packages × $260/package = $494,000. This means that the correct answer is B. $494,000.This example illustrates how theaters and production companies can generate substantial revenues from ticket sales, which is essential to cover the high costs of Broadway productions and making theatre accessible to a broader audience.In conclusion, by multiplying the number of season tickets sold by the price per package, we find that the theatre company has generated a total revenue of $494,000 from the sale of their season ticket packages.