A couple of entrepreneurial business students at State University decided to put their education into practice by developing a tutoring company for busi- ness students. While private tutoring was offe
A couple of entrepreneurial business students at
State University decided to put their education into
practice by developing a tutoring company for busi-
ness students. While private tutoring was offered, it
was determined that group tutoring before tests in
the large statistics classes would be most beneficial.
The students rented a room close to campus for $300
for 3 hours. They developed handouts based on past
tests, and these handouts (including color graphs)
cost $5 each. The tutor was paid $25 per hour, for a
total of $75 for each tutoring session.
(a) If students are charged $20 to attend the session,
how many students must enroll for the company
to break even?
(b) A somewhat smaller room is available for $200
for 3 hours. The company is considering this
possibility. How would this affect the break-even
point?
What Students Are Saying About Us
.......... Customer ID: 12*** | Rating: ⭐⭐⭐⭐⭐"Honestly, I was afraid to send my paper to you, but you proved you are a trustworthy service. My essay was done in less than a day, and I received a brilliant piece. I didn’t even believe it was my essay at first 🙂 Great job, thank you!"
.......... Customer ID: 11***| Rating: ⭐⭐⭐⭐⭐
"This company is the best there is. They saved me so many times, I cannot even keep count. Now I recommend it to all my friends, and none of them have complained about it. The writers here are excellent."
"Order a custom Paper on Similar Assignment at essayfount.com! No Plagiarism! Enjoy 20% Discount!"
