Break-even point using break-even analysis

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Reference no: EM1318733

A university is planning a seminar. It costs $3000 to reserve a room, hire an instructor, and bring in the equipment. Assume it costs $25 per student for the administrators to provide the course materials. If we know that 20 people will attend, what price should be charged per person to break even?

a) 100

b) 120

c) 150

d) 175

Reference no: EM1318733

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