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Hardyke Group operates a local after - school recreation and activities program. The Education Department is a state governmental agency. Hardyke has an agreement with
Hardyke Group operates a local afterschool recreation and activities program. The Education Department is a state governmental
agency. Hardyke has an agreement with the Department to provide services to students in need for a nominal $ per day, to be paid
by the student. The government will reimburse Hardyke for the "cost" of providing daily services used by a student.
The regular price to participate in the program is $ per day. After analyzing its costs, Hardyke calculates that, with its operating
deficit, the full cost of each student for a day is $ All programs that Hardyke offers are unaffected by the number of students
paying the nominal fee.
Required:
b Which price would Hardyke Group prefer?
Note: Enter your answer to decimal places.
c Which price would the Education Department prefer?
Note: Enter your answer to decimal places. Leave no cells blank be certain to enter wherever required.
d If Hardyke provides an average of studentdays for inneed children in a given month, what is the monthly value of the
difference between the prices in full capacity?
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