daycare has $15,000.00 fixed costs, for a ten week program, there are 50 kids, cost of meals are $15.00 per child per week. How much must each child pay for the daycare to break even?
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where is the answer?
50 kids, per week each child spends =50*15=$750
In 10 weeks= 750*10=$7500
each child pays=22500/50
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