Question

Organizers of an Internet training session will charge participants $150 to attend. It costs $3000 to reserve the room, hire the instructor, bring in the equipment, and advertise. Assume it costs $25 per student for the organizers to provide the course materials. How many students would have to attend for the company to break even? Breakeven [a]

Answer 1

Answer:

Breakeven is 24 students

Explanation:

Breakeven is when the sales are equal to cost.

So,  

Sales= Px*Q

Px is the price of the training session

Q are the number of participants

Sales= 150Q

Cost= fix cost+variables cost

Cost=3000+25Q

Breakeven

150Q=3000+25Q

150Q-25Q=3000

125Q=3000

Q=3000/125

Q=24

Breakeven is 24 students