Organizers of an Internet Training Session Will Charge Participants $150

question 16

Essay

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.
a.How many students would have to attend for the company to break even?
b.If the trainers think,realistically,that 20 people will attend,then what price should be charged per person for the organization to break even?

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Definitions:

Currency Exchange Rate

The rate at which one currency can be exchanged for another, often determined by national economies and global market conditions.

Japanese Yen

The official currency of Japan, which plays a significant role in international finance and trade.

Political Stability

A condition where a government is stable, capable of maintaining order, and there is an absence of political turmoil or frequent government change.

Internal Political Strife

Conflict among members within the same organization or group, often hindering progress or decision-making.