A privately-owned summer camp for youngsters has the following data for a12-week session:Charge per camper: $480 per weekFixed costs: $192,000 per sessionVariable cost per camper: $320 per weekСарасity: 200 campersa) Develop the mathematical relationships for total cost and total revenue.b) What is the total number of campers that will allow the camp to just breakeven?c) What if the profit or loss for the 12-week session if the camp operates at 80%сараcity?d) What are the marginal and average costs per camper at 80% capacity?e) Would it be ethical to charge campers different rates depending on their family'ssocioeconomic status? Identify and describe two points pro and two points consfor such a policy.f) Draw cash flow diagram for this problem.

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Answered: A privately-owned summer camp for…

Essentials Of Investments

11th Edition

ISBN:9781260013924

Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Chapter1: Investments: Background And Issues

Section: Chapter Questions

Problem 1PS

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