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Q 1 : BaysideBayside Apartments is a 9 0 0 9 0 0 - unit apartment complex. When the apartments are 9 0 % occupied,

Q1: BaysideBayside Apartments is a 900900-unit apartment complex. When the apartments are90% occupied, monthly operating costs total $ 224 comma 030$224,030. When occupancy dips to80%, monthly operating costs fall to $ 218 comma 360$218,360. The owner of the apartment complex is worried because many of the apartment residents work at a nearby manufacturing plant that has just announced it will close in three months. The apartment owner fears that occupancy of her apartments will drop to 6060% if residents lose their jobs and move away. Assuming the same relevant range, what can the owner expect her operating costs to be if occupancy falls to 6060%?Q2: The CreameryCreamery Ice Cream Shoppe sold 8 comma 8008,800 servings of ice cream during June for $ 3$3 per serving. The shop purchases the ice cream in large tubs from the BlueBellBlueBell Ice Cream Company. Each tub costs the shop $ 11$11 and has enough ice cream to fill 2020 ice cream cones. The shop purchases the ice cream cones for $ 0.10$0.10 each from a local warehouse club. Located in an outdoor mall, the rent for the shop space is $ 2 comma 000$2,000 per month. The shop expenses $ 260$260 a month for the depreciation of the shop's furniture and equipment. During June, the shop incurred an additional $ 2 comma 400$2,400 of other operating expenses (7575% of these were fixed costs).Q3: The SunnysideSunnyside Buffet offers an all-you-can-eat buffet meal for $ 26$26 per person. The restaurant employs ten salaried employees. Rent for the building, employee salaries, and other fixed costs for the restaurant are $ 63 comma 500$63,500 per month when the restaurant serves meals up to 13 comma 70013,700 guests in that month. If the restaurant were to serve more than 13 comma 70013,700 guests in any given month, it would need to hire two additional servers and two additional kitchen staff for an additional fixed cost of $ 19 comma 000$19,000 per month. The variable cost of food is $ 18$18 per guest.
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