A couple of entrepreneurial business students at State University decided to put their education into practice by developing a tutoring company for busi- ness students. While private tutoring was offe A couple of entrepreneurial business students atState University decided to put their education intopractice by developing a tutoring company for busi-ness students. While private tutoring was offered, itwas determined that group tutoring before tests inthe large statistics classes would be most beneficial.The students rented a room close to campus for $300for 3 hours. They developed handouts based on pasttests, and these handouts (including color graphs)cost $5 each. The tutor was paid $25 per hour, for atotal of $75 for each tutoring session.(a) If students are charged $20 to attend the session,how many students must enroll for the companyto break even?(b) A somewhat smaller room is available for $200for 3 hours. The company is considering thispossibility. How would this affect the break-evenpoint?
A couple of entrepreneurial business students
Plagiarism-free and delivered on time!
We are passionate about delivering quality essays.
Our writers know how to write on any topic and subject area while meeting all of your specific requirements.
Unlike most other services, we will do a free revision if you need us to make corrections even after delivery.