The Quick-Food Company provides a college meal-service plan. They have a fixed cost of $60,000 and a variable cost of $600 per student per semester. The company charges each student $1,000 per semester. Find the number of meal plans the company needs to break-even.

Algebra: Structure And Method, Book 1
(REV)00th Edition
ISBN:9780395977224
Author:Richard G. Brown, Mary P. Dolciani, Robert H. Sorgenfrey, William L. Cole
Publisher:Richard G. Brown, Mary P. Dolciani, Robert H. Sorgenfrey, William L. Cole
Chapter3: Solving Equation And Problems
Section3.7: Costs, Income, And Value Problems
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The Quick-Food Company provides a college meal-service plan. They have a fixed cost of $60,000
and a variable cost of $600 per student per semester. The company charges each student $1,000
per semester. Find the number of meal plans the company needs to break-even.
Transcribed Image Text:The Quick-Food Company provides a college meal-service plan. They have a fixed cost of $60,000 and a variable cost of $600 per student per semester. The company charges each student $1,000 per semester. Find the number of meal plans the company needs to break-even.
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