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You run a nail salon. Fixed monthly cost is $ 5 , 4 6 4 . 0 0 for rent and utilities, $ 5 ,

You run a nail salon. Fixed monthly cost is $5,464.00 for rent and utilities, $5,697.00 is spent in salaries and $1,051.00 in insurance. Also every customer requires approximately $2.00 in supplies. You charge $94.00 on average for each service.
You are considering moving the salon to an upscale neighborhood where the rent and utilities will increase to $10,498.00, salaries to $6,554.00 and insurance to $2,323.00 per month. Cost of supplies will increase to $8.00 per service. However you can now charge $149.00 per service. At what point will you be indifferent between your current location and the new location?You run a nail salon. Fixed monthly cost is $5,464.00 for rent and utilities, $5,697.00 is spent in salaries
and $1,051.00 in insurance. Also every customer requires approximately $2.00 in supplies. You charge
$94.00 on average for each service.
You are considering moving the salon to an upscale neighborhood where the rent and utilities will
increase to $10,498.00, salaries to $6,554.00 and insurance to $2,323.00 per month. Cost of supplies
will increase to $8.00 per service. However you can now charge $149.00 per service. At what point will
you be indifferent between your current location and the new location?
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