Edmonds Community College is opening a five credit hour section of Business Pre-Calculus for the winter quarter. An instructor and room for the quarter costs $14,100. Additionally it costs $31.00 per student per quarter after the matching money from the state is considered. The college charges $87 per credit hour. Being a non-profit they just need to break even on each class. What is the minimum number of students they need to let the section run

the correct answer is economics is a game without winners or losers.

unlike sports or games economic is a game without losers or winner rather it is a game where everyone wins. parties of business doing businesses exchange money with each other and hence exchange is done on the basis of goods. one party takes the goods and other sales it so there is winner on both sides. each party values more highly the good it gets than the good it gives up. both sides exchange only because both intend to increase their value. so there is no concept of lose or win.

are you looking for a specific answer?

answer; foreign exchange transaction;

answer; /// the above statement is (false);