Question 1005472: A company that teaches self-improvement seminars is holding one of its seminars in Lexington. The company pays a flat fee of $209 to rent a facility in which to hold each session. Additionally, for every attendee who registers, the company must spend $19 to purchase books and supplies. Each attendee will pay $30 for the seminar. Once a certain number of attendee register, the company will be breaking even. How many attendees will that take? What will be the company's total expenses and revenues?
Answer by stanbon(75887)   (Show Source):
You can put this solution on YOUR website! A company that teaches self-improvement seminars is holding one of its seminars in Lexington. The company pays a flat fee of $209 to rent a facility in which to hold each session. Additionally, for every attendee who registers, the company must spend $19 to purchase books and supplies. Each attendee will pay $30 for the seminar. Once a certain number of attendee register, the company will be breaking even. How many attendees will that take? What will be the company's total expenses and revenues?
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Revenue:: 30x dollars
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Expenses:: 209+19x dollars
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Break-even Equation:
R = E
30x = 209+19x
11x = 209
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x = 19 attendees
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Cheers,
Stan H.
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