Jj.164. I need all parts please ..... Two summer Camps have thefollowing data for a 12-week session:Camp A Charge per camper $ 100per week Fixed costs $ 60,600 persession Variable cost per camper $50per week Capacity 150 campersCamp B Charge per camper $474 perweek Fixed costs $ 48,000 persession Variable cost per camper $ 80per week Capacity 200 campersa. Develop the mathematicalrelationships for total cost and totalrevenue for camp Ab. What is the total number ofcampers that will allow camp B tobreak even?c. What is the profit or loss for the 12-week session if camp A operates at80% capacity?b. Determine the breakeven numberof campers for the two camps tohave equal total costs for a 12-weeksession.

Total Revenue (TR) is the total amount of money a company receives from selling its goods or…

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.

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 3MC

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