Question 8 of 16 The manager of an e-learning company identified a new course that they could create and sell for $95 per student. The costs for adding this new course to their product offering would be: $2,300 per month to lease additional space, $330 per month for insurance, $5,300 per month for support staff, $3,600 per month for sales staff, and variable costs of $4 per student. They can sell to a maximum of 400 students per month. a. For the company to break even per month, how many students would have to purchase the course? Round up to the next whole number b. To make a profit of at least $34,070 in a month, what is the smallest number of course purchases needed?
Question 8 of 16 The manager of an e-learning company identified a new course that they could create and sell for $95 per student. The costs for adding this new course to their product offering would be: $2,300 per month to lease additional space, $330 per month for insurance, $5,300 per month for support staff, $3,600 per month for sales staff, and variable costs of $4 per student. They can sell to a maximum of 400 students per month. a. For the company to break even per month, how many students would have to purchase the course? Round up to the next whole number b. To make a profit of at least $34,070 in a month, what is the smallest number of course purchases needed?
Advanced Engineering Mathematics
10th Edition
ISBN:9780470458365
Author:Erwin Kreyszig
Publisher:Erwin Kreyszig
Chapter2: Second-order Linear Odes
Section: Chapter Questions
Problem 1RQ
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