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Micromedia offers computer training seminars on a variety of topics.

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?

A. 20
B. 15
C. 14
D. impossible to tell with given information

Solution Preview

The correct answer is A. 20

Let the variable be the number of students who enroll in the Seminar.

Let I ...

Solution Summary

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.

$2.19