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:

Stakeholders

Individuals or groups that have an interest in any decision or activity of an organization.

Feminization of Survival

The process through which women increasingly become the primary providers of subsistence for themselves and their families, often in contexts of economic disparity and social marginalization.

Migration

The movement of people from one location to another with the intention of settling temporarily or permanently in the new location.

Income

The financial gain received by an individual or entity, typically through work, investments, or other economic activities.