Knowee
Questions
Features
Study Tools

Acorporateteam-buildingeventcosts$ 8,plusanadditional$ 6perattendee.Howmanyattendeescantherebe,atmost,ifthebudgetforthecorporateteam-buildingeventis$ 50?

Question

A corporate team-building event costs 8,plusanadditional8, plus an additional 6 per attendee.

How many attendees can there be, at most, if the budget for the corporate team-building event is $50?

🧐 Not the exact question you are looking for?Go ask a question

Solution

1. Break Down the Problem

To determine the maximum number of attendees for the corporate team-building event given the budget, we need to find how the total cost can be expressed in relation to the budget.

  • Fixed cost for the event: $8
  • Variable cost per attendee: $6
  • Total budget: $50

2. Relevant Concepts

The total cost C C can be expressed as: C=Fixed Cost+(Cost per Attendee×Number of Attendees) C = \text{Fixed Cost} + (\text{Cost per Attendee} \times \text{Number of Attendees}) Where:

  • Fixed Cost = $8
  • Cost per Attendee = $6
  • Number of Attendees = n n

Thus, we can express the total cost as: C=8+6n C = 8 + 6n

3. Analysis and Detail

We need to find the maximum number of attendees n n such that the total cost does not exceed the budget of $50: 8+6n50 8 + 6n \leq 50

Rearranging the inequality: 6n508 6n \leq 50 - 8 6n42 6n \leq 42 n426 n \leq \frac{42}{6} n7 n \leq 7

4. Verify and Summarize

To verify, let's calculate the total cost for 7 attendees: C=8+6×7=8+42=50 C = 8 + 6 \times 7 = 8 + 42 = 50 This matches the budget exactly, confirming that the calculation is correct.

Final Answer

The maximum number of attendees for the corporate team-building event is n=7 n = 7 .

This problem has been solved

Similar Questions

Acorporateteam-buildingeventcosts$ 8,plusanadditional$ 6perattendee.Howmanyattendeescantherebe,atmost,ifthebudgetforthecorporateteam-buildingeventis$ 50?

7) If the incremental method were used, what amount of cost would be allocated to the start-upbusiness?A) $20,000B) $54,000C) $60,000D) $74,000

projectA initial cost 12000, scape value is 10% of initial cost, what is the projectA annual depreciation

Wich one of these is included in "Cost of operation". Drag the correct answer into the space provided.Answer instructionsAmenitiesCost of saleMarketing

The incremental cost of building the next unit of a good is called the:Group of answer choicesmarginal costLaw of One Pricefixed costvariable cost

1/1

Upgrade your grade with Knowee

Get personalized homework help. Review tough concepts in more detail, or go deeper into your topic by exploring other relevant questions.