Administrators at a university will charge students $150 to attend a seminar. It costs $3,000 to reserve a room, hire an instructor, and bring in the equipment. Assume it costs $25 per student for ...
To break even the university will need X students. The equation is: 3,000 + 25*X = 150*X3,000 = 125X X = 24 studens (are required to get even).