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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,
Q: BaysideBayside Apartments is a unit apartment complex. When the apartments are occupied, monthly operating costs total $ comma $ When occupancy dips to monthly operating costs fall to $ comma $ 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 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 Q: The CreameryCreamery Ice Cream Shoppe sold comma servings of ice cream during June for $ $ per serving. The shop purchases the ice cream in large tubs from the BlueBellBlueBell Ice Cream Company. Each tub costs the shop $ $ and has enough ice cream to fill ice cream cones. The shop purchases the ice cream cones for $ $ each from a local warehouse club. Located in an outdoor mall, the rent for the shop space is $ comma $ per month. The shop expenses $ $ a month for the depreciation of the shop's furniture and equipment. During June, the shop incurred an additional $ comma $ of other operating expenses of these were fixed costsQ: The SunnysideSunnyside Buffet offers an allyoucaneat buffet meal for $ $ per person. The restaurant employs ten salaried employees. Rent for the building, employee salaries, and other fixed costs for the restaurant are $ comma $ per month when the restaurant serves meals up to comma guests in that month. If the restaurant were to serve more than comma guests in any given month, it would need to hire two additional servers and two additional kitchen staff for an additional fixed cost of $ comma $ per month. The variable cost of food is $ $ per guest.
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