Q1:You run a school in Florida. Fixed monthly cost is $5,072.00 for rent and utilities, $6,226.00 is spent in salaries and $1,036.00 in insurance. Also every student adds up to $101.00 per month in stationary, food etc. You charge $738.00 per month from every student now. You are considering moving the school to another neighborhood where the rent and utilities will increase to $10,698.00, salaries to $6,854.00 and insurance to $2,029.00 per month. Variable cost per student will increase up to $150.00 per month. However you can charge $1,193.00 per student. At what point will you be indifferent between your current mode of operation and the new option?