Question
Queens College is planning a golf outing at one of the local golf courses to raise money for scholarships. Queens College has two options for
Queens College is planning a golf outing at one of the local golf courses to raise money for scholarships. Queens College has two options for the golf outing:
OPTION 1: Kissena Park Golf Course
a. Fixed cost--$5,000.
b. Variable cost--$30 per golfer.
OPTION 2: Clearview Golf Course
a. Fixed cost--$4,000.
b. Variable cost--$35 per golfer.
The Green Fee (selling price) paid by each golfer in order to participate in the golf outing is expected to be $50 per golfer.
20. How many golfers will be attend the golf outing at the point of indifference?
600 golfers D. 300 golfers
500 golfers E. 200 golfers
400 golfers
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