Question: management science question 3) Administrators at a university will charge students $150 to attend a seminar. It costs $3000 to reserve a room, hire an

management science question management science question 3) Administrators at
3) Administrators at a university will charge students $150 to attend a seminar. It costs $3000 to reserve a room, hire an instructor and bring in the equipment Assume it costs $25 per student for the administrators to provide the course materials How many students would have to register for the seminar for the university to break even? il If 30 students attend the serinar, how much of a profit (or loss) will be incurred? If we know that 20 people will attend what price should be charged per person to break even

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!