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Play Time is a nursery school for pre-kindergarten children. The school has determined that the following biweekly revenues and costs occur at different levels of
Play Time is a nursery school for pre-kindergarten children. The school has determined that the following biweekly revenues and costs occur at different levels of enrollment:
Number of Students Enrolled | Total Revenue | Total Costs | ||||||
12 | $ | 3,000 | $ | 1,700 | ||||
17 | 4,250 | 2,700 | ||||||
18 | 4,500 | 2,880 | ||||||
22 | 5,500 | 3,630 | ||||||
23 | 5,750 | 3,715 | ||||||
The average cost per student when 18 students enroll in the school is:
Multiple Choice
$180.
$159.
$160.
$250.
$750.
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