Question: Please post process of how you got the answer. A university will charge every student $150 to attend a seminar. It costs $3000 to reserve
Please post process of how you got the answer.
A university will charge every student $150 to attend a seminar. It costs $3000 to reserve a room, hire a speaker, and bring in the equipment. Assume it costs $23 per student to provide the course materials for the first 20 students and it costs nothing for the rest of the students (due to economy of scale). How many students should register for the seminar to break even?
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