JD D.

asked • 04/11/17

Supply and Demand

Natali has decides she wants to run a daycare. Her monthly expenses include $800 for rent of the building and $400 for insurance. She will provide each child with breakfast (~$2) and lunch (~$3.50) each day as well. She plans to charge $25 dollars a day for each child. Assume there are 20 days in a month (Monday through Friday, 4 weeks). Find the monthly cost as well as monthly revenue. How many kids would Natali need to watch each month to break even? How many kids would Natali need to watch to each month to earn at least $1500 a month?

2 Answers By Expert Tutors

By:

David W. answered • 04/11/17

Tutor
4.6 (61)

Experienced Prof

Andrew M. answered • 04/11/17

Tutor
New to Wyzant

Mathematics - Algebra a Specialty / F.I.T. Grad - B.S. w/Honors

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