Final Answer:
The sale of 1750 packages at $320 each before the first show results in a total revenue of $560,000.
Step-by-step explanation:
The total revenue generated from the sale of season tickets before the first show can be calculated by multiplying the number of packages sold by the price of each package. In this case, the number of packages sold is 1750, and each package costs $320. Therefore, the total revenue is obtained by multiplying these values: \(1750 \times \$320 = \$560,000\).
The calculation is straightforward—multiplying the number of packages sold by the price per package provides the total revenue generated. In this scenario, selling 1750 packages at $320 each results in a total revenue of $560,000. This type of calculation is common in business scenarios to determine the overall income from the sale of goods or services.
Understanding the relationship between the quantity sold and the price per unit is crucial in calculating total revenue. In this case, selling 1750 packages at $320 each before the first show results in a significant total revenue of $560,000, reflecting the substantial amount generated from the sale of season tickets.