Question
1. We are planning a conference in Center City next month. The fixed cost of the event (venue) is $4,000. The food charge per person
1. We are planning a conference in Center City next month. The fixed cost of the event (venue) is $4,000. The food charge per person is $20. Other variable cost per person (conference goody bag, certificate, etc.) is $5.
If the number of attendees is 400, what is the fixed cost per attendee?
2. We are planning a conference in Center City next month. The fixed cost of the event (venue) is $4,000. The food charge per person is $20. Other variable cost per person (conference goody bag, certificate, etc.) is $5.
If the number of attendees is 400, what is the variable cost per attendee?
3. We are planning a conference in Center City next month. The fixed cost of the event (venue) is $4,000. The food charge per person is $20. Other variable cost per person (conference goody bag, certificate, etc.) is $5.
If the number of attendees is 400, what is the total cost per attendee?
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