Organizers of an Internet training session will charge participants $200 to attend. It costs $3000 to reserve the room, hire the instructor, bring in the equipment, and advertise. Assume it costs $25 per student for the organizers to provide the course materials. a. Write a math model for total cost. b. Write a math model for total revenue. c. Write a math model for total profit. d. Find the break-even point. And also I need the Excel solver solution and sensitivity report too .

Organizers of an Internet training session will charge participants $200 to attend. It costs $3000 to reserve the room, hire the instructor, bring in the equipment, and advertise. Assume it costs $25 per student for the organizers to provide the course materials. a. Write a math model for total cost. b. Write a math model for total revenue. c. Write a math model for total profit. d. Find the break-even point. And also I need the Excel solver solution and sensitivity report too .

Managerial Economics: A Problem Solving Approach

5th Edition

ISBN:9781337106665

Author:Luke M. Froeb, Brian T. McCann, Michael R. Ward, Mike Shor

Publisher:Luke M. Froeb, Brian T. McCann, Michael R. Ward, Mike Shor

Chapter4: Extent (how Much) Decisions

Section: Chapter Questions

Problem 10MC

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