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Micromedia offers computer training seminars on a variety of topics. In the seminars each student works at a personal computer, practicing the particular activity that the instructor is presenting. Micromedia is currently planning a 2-day seminar on the use of Microsoft Excel in statistical analysis. The fee for the seminar is $300 per student. The cost for the conference room, instructor compensation, lab assistants, and promotion is $4800. Micromedia pays to rent computers for its seminars at a cost of $30 per computer per day.
How many students must enroll in the Excel seminar for Micromedia to break even?
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A. 20
B. 15
C. 14
D. impossible to tell with given information
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https://brainmass.com/business/business-management/micromedia-offers-computer-training-seminars-on-a-variety-of-topics-160438
Solution Preview
The correct answer is A. 20
Let the variable be the number of students who enroll in the Seminar.
Let I …
