Byron is planning to finance his college education by selling programs at the Kaplan University football games. There is a fixed cost of $400 for printing these programs, and the variable cost is $3. There is also a $1,000 fee paid to the University for the right to sell these programs. If Byron was able to sell programs for $5 each, how many would he have to sell to break even? How many would he have to sell to make a profit of $5,000?
Higher Education (University +) - 1 Answers
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Kaplan University has football games? HAHA what a great made-up scenario. I really hope you are not actually attending there because it is a for-profit scam that gives out worthless degrees.
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