Kathy Owens, a local business owner, has decided to make some additional money
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Kathy Owens, a local business owner, has decided to make some additional money by starting a company that provides “Business Basics” classes to other small business owners. She has created teaching handouts and has hired an instructor to teach the classes. Kathy has rented a classroom for $400 for three hours, and the handouts cost $4 each to print. The instructor is paid $30 per hour, for a total of $90 per session.
a. If students are charged $25 per session, how many students must enroll for Kathy to break even?
b. A larger room is available for $500 for three hours. The company is considering this option. How would renting this room affect the break-even point?
[Solved] Kathy Owens, a local business owner, has decided to make some additional money
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- Submitted On 15 Jul, 2020 05:45:03
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