To establish a driver education school, organizers must decide how many cars, in

Question

To establish a driver education school, organizers must decide how many cars, instructors, and students to have. Costs are estimated as follows. Annual fixed costs to operate the school are $32,000. The annual cost per car is $3000. The cost per instructor is $13,000 and one instructor is needed for each car. Tuition for each student is $357. Let x be the number of cars and y be the number of students. Write an expression for total cost. The Total Cost expression is:________. Write an expression for total revenue. The Total Revenue Expression is:________. Write an expression for total profit. The Total Profit expression is:_________. If the school uses 4 cars and serves 250 students. will the school make a profit or a loss? The school will make a________.

Explanation / Answer

a) Total Cost=$32,000+$15,000X

b) Total Rvenue=$357Y

c)Profit=$357Y-$32,000-$15,000X

d)Loss=$357*250-$32,000-$15,000*4=$$89,250-$32,000-$60,000=($2,750)

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