Organizers of Internet training session will charge participants $150 to attend. It costs $3000 to reserve the room, hire the instructor, bring in the equipment, and advertise. Suppose it costs $25 per student for organizers to provide the course materials.
a. How many students would have to attend for company to break even?
b. If the trainers think, realistically, that 20 people will attend, then what price must be charged per person for organization to break even?