A 5 percent increase in the price of milk that results in a 2 percent decrease in the quantity of milk demanded yields a price e
1 answer:
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Answer:
IF WOOL MEN CHARGES $3100 PER STUDENT,THEN CONTRIBUTION PER STUDENT=
CHARGES PER STUDENT =$3100
LESS:VARIABLE COST
SUPPLIES ($350)
ASSISTANT SALARY ($155)
($7000/45)
CONTRIBUTION $2595
COST PER STUDENT:
SUPPLIES $350
OFFICE ($7000/45) $155
INSURANCE ($40000/240*) $167
REPAIR ($32000/240) $133
AND MAINTENANCE
DEPOSIT ($60000/240) $250
TOTAL $1055
Explanation:
The given table will elaborate it more.
