1) You are serving as the chair for your communitys annual wellness campaign. A key event is...
Question:
1) You are serving as the chair for your community’s annual wellness campaign. A key event is the annual Walk 3k, Run 10k, Ride 20k event. The event is staged entirely by volunteers and the goal is to attract community-wide awareness of getting active as a key step to wellness. In other words, the goal is not to raise money, but to prompt awareness. As the chair, you set a financial goal to breakeven on the one and the only cost of the event, a fitness bag with the community seal and the event motto, “I AM ON THE RIGHT TRACK! The cost of the bags, which must be ordered in batches of 100, are:
a) Complete the table. If this was a profit-making activity, at the entry fee of $15, what would be the profit-maximizing quantity of bags.
b) You will charge an entry fee of $15 per participant. Determine the breakeven quantity of bags.
Physics
ISBN: 978-0077339685
2nd edition
Authors: Alan Giambattista, Betty Richardson, Robert Richardson