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A not-for-profit organization aids the unemployed by supplementing their incomes by $5,000 annually, while they seek new employment skills. The organization has fixed costs of
A not-for-profit organization aids the unemployed by supplementing their incomes by $5,000 annually, while they seek new employment skills. The organization has fixed costs of $200,000 and the budgeted appropriation for this year totals $700,000. How many individuals can receive financial assistance from the organization this year?
a. 95 people
b. 115 people
c. 100 people
d. 110 people
e. none of the above.
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