Question. Micromedia offers computer training seminar on a variety of topics. In the seminars each student works at a personal computer, practicing activity that the instructor is presenting. Micromedia is currently planning a two-day seminar on the use of Microsoft Excel in statistical analysis. The projected fee for the seminar is $300 per student. The cost for the conference room, instructor compensation, lab assistants, and promotion is $4800. Micromedia rents computers for its seminars at a cost of $30 per computer per day.

a) Develop a model for the total cost to put on the seminar. Let represent the number of students who enroll in the seminar.

b) Develop a model for the total profit if students enroll in the seminar.

c) Compute the breakeven point.