Many concert venues require what percent of the seats to be sold to break even financially?

Question

Quizplus · Accepted Answer

Concert venues typically require 50-80% of their seats to be sold in order to break even financially. This is because there are numerous costs associated with putting on a concert such as rental fees, performer fees, and marketing expenses. The venue needs to sell enough tickets to cover these costs before they can start making a profit. Option A, B, D, and E are all incorrect as they do not accurately represent the percentage of seats that need to be sold to break even.

Many Concert Venues Require What Percent of the Seats to Be