Your school wants to present a musical. Your school will earn $2,000 from ticket sales if the musical is done perfectly. If it is done well, your school will make $1,000 in ticket sales. You have a very good theater department. So, the chance of it being done perfectly is 70%. There is a 30% chance that it will just be done well. What is the maximum amount that your school should invest in the musical in order to break even?Explain.
