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QUESTION
You are having a dinner catered. You pay a rental fee of $130 for the dining hall, and you pay the caterer $10 for each person who attends the dinner. (a) Suppose you just want to break even. (i) How
You are having a dinner catered. You pay a rental fee of $130 for the dining hall, and you pay the caterer $10 for each person who attends the dinner.
(a) Suppose you just want to break even.
(i) How much should you charge per ticket if you expect 50 people to attend? (Round your answer to the nearest cent.)
