You run a school in Florida. Fixed monthly cost...
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You run a school in Florida. Fixed monthly cost is $5,056.00 for rent and utilities, $6,008.00 is spent in salaries and $1,425.00 in insurance. Also every student adds up to $99.00 per month in stationary, food etc. You charge $669.00 per month from every student now You are considering moving the school to another neighborhood where the rent and utilities will increase to $11,131.00, salaries to $6,510.00 and insurance to $2,065.00 per month. Variable cost per student will increase up to $174.00 per month. However you can charge $1,105.00 per student. At what point will you be indifferent between your current mode of operation and the new option? Submit Answer format: Number Round to 0 decimal places
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