Katherine D'Ann, from Problem 1-18, has become concerned that sales may fall, as the team is on a ter- rible losing streak, and attendance has fallen off. In fact, Katherine believes that she will sell only 500 programs for the next game. If it was possible to raise the selling price of the program and still sell 500, what would the price have to be for Katherine to break even by selling 500?

College Algebra
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ISBN:9781938168383
Author:Jay Abramson
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Chapter7: Systems Of Equations And Inequalities
Section7.2: Systems Of Linear Equations: Three Variables
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Katherine D'Ann is planning to finance her college
education by selling programs at the football games
for State University. There is a fixed cost of $400 for
printing these programs, and the variable cost is $3.
There is also a $1,000 fee that is paid to the univer-
sity for the right to sell these programs. If Katherine
was able to sell programs for $5 each, how many
would she have to sell in order to break even?
Katherine D'Ann, from Problem 1-18, has become
concerned that sales may fall, as the team is on a ter-
rible losing streak, and attendance has fallen off. In
fact, Katherine believes that she will sell only 500
programs for the next game. If it was possible to
raise the selling price of the program and still sell
500, what would the price have to be for Katherine
to break even by selling 500?
Transcribed Image Text:Katherine D'Ann is planning to finance her college education by selling programs at the football games for State University. There is a fixed cost of $400 for printing these programs, and the variable cost is $3. There is also a $1,000 fee that is paid to the univer- sity for the right to sell these programs. If Katherine was able to sell programs for $5 each, how many would she have to sell in order to break even? Katherine D'Ann, from Problem 1-18, has become concerned that sales may fall, as the team is on a ter- rible losing streak, and attendance has fallen off. In fact, Katherine believes that she will sell only 500 programs for the next game. If it was possible to raise the selling price of the program and still sell 500, what would the price have to be for Katherine to break even by selling 500?
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