Business, 11.09.2019 04:30 ava789

Midstate university is trying to decide whether to allow 100 more students into the university. tuition is $5000 per year. the controller has determined the following schedule of costs to educate students: number of students total costs 4000 $30,000,000 4100 30,300,000 4200 30,600,000 4300 30,900,000the current enrollment is 4200 students. the president of the university has calculated the cost per student in the following manner: $30,600,000/4200 students = $7286 per student. the president was wondering why the university should accept more students if the tuition is only $5000.a. what is wrong with the president's calculation? b. what are the fixed and variable costs of operating the university?

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Midstate university is trying to decide whether to allow 100 more students into the university. tuit...

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