a) A couple of entrepreneurial business students decided to put their education into practice by developing a tutoring company for business students. While private tutoring was offered, it was determined that group tutoring before tests in the large statistics classes would be most beneficial. The students rented a room next to campus for P3000.00 for 3 hours. They developed handouts based on past tests and these handouts (including colour graphs) cost P50 each. The tutor was paid P250 per hour for a total of P750 for each tutoring session.


i) If students are charged P200 to attend the session, how many students must enrol for the company to break evenA somewhat smaller room is available for P200 for 3 hrs. The company is considering this possibility. How would this affect the BEP?