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You run a school in Florida. Fixed monthly cost is $ 5 , 4 5 5 . 0 0 for rent and utilities, $ 5
You run a school in Florida. Fixed monthly cost is $ for rent and utilities, $ is spent in salaries and $ in insurance. Also every student adds up to $ per month in stationary, food etc. You charge $ per month from every student now.
You are considering moving the school to another neighborhood where the rent and utilities will increase to $ salaries to $ and insurance to $ per month. Variable cost per student will increase up to $ per month. However you can charge $ per student. At what point will you be indifferent between your current mode of operation and the new option?
Answer format: Number: Round to: decimal places.
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