If the trainers think, realistically, that 20 people will attend, then what price should be charged per person for the organization to break even?
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.
Cost = 3000 + 25(20)
Revenue = 20
Breakeven price = $175
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