Kathy runs her own computer education business. She needs $4000 a year to pay the leases on the computers she uses. She estimates she will have 400 pupils for the next year. Each pupil pays $200 for the education. However it costs Kathy $20 to $30 per puoil in supplies and overhead.
1. What are kathys yearly revenues
2. What are kathys average total costs? What is the range of Kathys costs?
3. Does Kathy make a profit? What is the range of Kathys profit?