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Helen is looking to expand her tutoring business and wants to evaluate the profitability of a potential new market. The school she is considering has
Helen is looking to expand her tutoring business and wants to evaluate the profitability of a potential new market. The school she is considering has students, and she estimates that percent of them would be likely to use her service. She charges $ per hourlong session, and on average customers would use her service six times a year. Helen estimates her variable costs to expand the business will be $ per session, and her fixed costs are $ How much profit would Helen make on this new segment?
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