A restaurant frequently offers a special prix fixe meal and has been charging $190$ per person for the event. At that price, they’ve been averaging 30 customers each time. Their marketing firm has convinced them that they’ll gain a customer for every dollar they lower the cost of the event, and conversely lose a customer for every dollar they raise the cost. Their fixed cost per event is $3000 and preparing each customer’s meal costs an additional $50$. What are the break-even points in terms of customers served? Write the exact answer. Do not round. Separate multiple answers with a comma.
A restaurant frequently offers a special prix fixe meal and has been charging $190$ per person for the event. At that price, they’ve been averaging 30 customers each time. Their marketing firm has convinced them that they’ll gain a customer for every dollar they lower the cost of the event, and conversely lose a customer for every dollar they raise the cost. Their fixed cost per event is $3000 and preparing each customer’s meal costs an additional $50$. What are the break-even points in terms of customers served? Write the exact answer. Do not round. Separate multiple answers with a comma.
Chapter7: Systems Of Equations And Inequalities
Section7.2: Systems Of Linear Equations: Three Variables
Problem 61SE: Last year, at Haven's Pond Car Dealership, for a particular model of BMW, Jeep, and Toyota, one...
Related questions
Question
A restaurant frequently offers a special prix fixe meal and has been charging $190$ per person for the event. At that price, they’ve been averaging 30 customers each time. Their marketing firm has convinced them that they’ll gain a customer for every dollar they lower the cost of the event, and conversely lose a customer for every dollar they raise the cost. Their fixed cost per event is $3000 and preparing each customer’s meal costs an additional $50$. What are the break-even points in terms of customers served? Write the exact answer. Do not round. Separate multiple answers with a comma.
Expert Solution
This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
This is a popular solution!
Trending now
This is a popular solution!
Step by step
Solved in 4 steps with 5 images
Follow-up Questions
Read through expert solutions to related follow-up questions below.
Follow-up Question
The question was asking for the number of customers to break even.
Solution
by Bartleby ExpertRecommended textbooks for you
Algebra for College Students
Algebra
ISBN:
9781285195780
Author:
Jerome E. Kaufmann, Karen L. Schwitters
Publisher:
Cengage Learning
Glencoe Algebra 1, Student Edition, 9780079039897…
Algebra
ISBN:
9780079039897
Author:
Carter
Publisher:
McGraw Hill
Algebra for College Students
Algebra
ISBN:
9781285195780
Author:
Jerome E. Kaufmann, Karen L. Schwitters
Publisher:
Cengage Learning
Glencoe Algebra 1, Student Edition, 9780079039897…
Algebra
ISBN:
9780079039897
Author:
Carter
Publisher:
McGraw Hill
College Algebra (MindTap Course List)
Algebra
ISBN:
9781305652231
Author:
R. David Gustafson, Jeff Hughes
Publisher:
Cengage Learning
Algebra: Structure And Method, Book 1
Algebra
ISBN:
9780395977224
Author:
Richard G. Brown, Mary P. Dolciani, Robert H. Sorgenfrey, William L. Cole
Publisher:
McDougal Littell
Elementary Algebra
Algebra
ISBN:
9780998625713
Author:
Lynn Marecek, MaryAnne Anthony-Smith
Publisher:
OpenStax - Rice University