A)
Effect of increase in admission person who visits high school = 270 seniors
Effect of new coach bringing in new team = 350(1) = 350 seniors
Cost of admission person = $40,000
Cost of coach = $60,000
Thus,
Marginal cost of each student:
In case of admission person being hired = 40,000/270 = $148.148
In case of coach being hired = 60,000/350 = $171.42
Since cost of an additional student is higher in case of a coach being hired, it is advisable to hire additional admissions person that visits high schools.
Question 7(26 points): On your way to the cashier's office (to pay yet another dorm damage...