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Tutor, Inc. (TI) provides instructional services to its customers. Tl charges $270 per student. The Company expects to serve 850 students during the coming year.

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Tutor, Inc. (TI) provides instructional services to its customers. Tl charges $270 per student. The Company expects to serve 850 students during the coming year. All of the Company's expenses are fixed. Total annual fixed cost are projected to be $95,000. If the estimated number of students decreases by 20%, net income will (Round your final answer to the nearest percent.) Multiple Choice decrease by 34%. increase by 34%. decrease by 20%. increase by 20%

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