4-43. The Millbridge High School Student Association (MHSSA) is planning a fundraising event for the Spring semester. The MHSSA is planning to hire Dizzy Gillespie Heritage Band as entertainment for a fee of $750. The Fine Arts Museum was selected as the site for the event. The museum will charge the MHSSA $600 for the use of its banquet room. Good Eats Restaurant was selected to cater the event. Good Eats will charge the MHSSA a flat fee of $400 and $20 per meal charge.

1. The MHSSA expects 250 students and alumni to attend its spring fundraising event. What is the minimum (break-even) ticket price for the event?

2. The MHSSA is considering two ticket prices, a $25 price for students and $75 price for alumni. If three students are expected to attend the event for each alumni, how many students and alumni must attend the spring fundraising event if it is to break even?

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