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You run a nail salon. Fixed monthly cost is $5,522.00 for rent and utilities, $6,190.00 is spent in salaries and $1,796.00 in insurance. Also every

You run a nail salon. Fixed monthly cost is $5,522.00 for rent and utilities, $6,190.00 is spent in salaries and $1,796.00 in insurance. Also every customer requires approximately $3.00 in supplies. You charge $111.00 on average for each service.

You are considering moving the salon to an upscale neighborhood where the rent and utilities will increase to $10,360.00, salaries to $6,005.00 and insurance to $2,240.00 per month. Cost of supplies will increase to $8.00 per service. However you can now charge $171.00 per service. At what point will you be indifferent between your current location and the new location?

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