a. Develop the mathematical relationships for total cost and total revenue for camp A b. What is the total number of campers that will allow camp B to break even? c. What is the profit or loss for the 12- week session if camp A operates at 80% capacity? b. Determine the breakeven number of campers for the two camps to have equal total costs for a 12-week session.
a. Develop the mathematical relationships for total cost and total revenue for camp A b. What is the total number of campers that will allow camp B to break even? c. What is the profit or loss for the 12- week session if camp A operates at 80% capacity? b. Determine the breakeven number of campers for the two camps to have equal total costs for a 12-week session.
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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Jj.164.
I need all parts please .....

Transcribed Image Text:Two summer Camps have the
following data for a 12-week session:
Camp A Charge per camper $ 100
per week Fixed costs $ 60,600 per
session Variable cost per camper $50
per week Capacity 150 campers
Camp B Charge per camper $474 per
week Fixed costs $ 48,000 per
session Variable cost per camper $ 80
per week Capacity 200 campers
a. Develop the mathematical
relationships for total cost and total
revenue for camp A
b. What is the total number of
campers that will allow camp B to
break even?
c. What is the profit or loss for the 12-
week session if camp A operates at
80% capacity?
b. Determine the breakeven number
of campers for the two camps to
have equal total costs for a 12-week
session.
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