Problem of university seminar price

Assignment Help Basic Statistics

Reference no: EM1393920

Administrators at a university are planning to offer a summer 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?

Reference no: EM1393920

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