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A university is planning an online seminar. It costs $30 to live stream an instructor from Elbonia. Assume it costs $25 per student for the administrators to provide the course materials. If we know that
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39 votes
39 votes
A university is planning an online seminar. It costs $30 to live stream an instructor from Elbonia. Assume it costs $25 per student for the administrators to provide the course materials. If we know that 20 people will attend, what price should be charged per person to break even

User Alebal
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2 Answers

20 votes
20 votes

Answer: $26.50

Step-by-step explanation:

Total Cost = $30 + $500

Total Cost = $530

Price per Person = $530รท20

Price per Person = $26.50

So, to break even, the university should charge $26.50 per person for the seminar.

User DaxChen
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2.6k points
18 votes
18 votes

Answer:

$26.50

Step-by-step explanation:

User Paragbaxi
by
2.4k points
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