Answered step by step
Verified Expert Solution
Question
1 Approved Answer
A seminar series has set up costs of $3,000; a rent per event of $1,000; plus a variable cost of $30 per attendee for food,
A seminar series has set up costs of $3,000; a rent per event of $1,000; plus a variable cost of $30 per attendee for food, supplies, and refreshments. The price of the seminar admission is $100 per person.
What is the break even in a) units{people} and b) dollars for each seminar?
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started