Question: Assignment 4.2. Considering Program Expansion with Marginal Analysis After a successful start of the job training program, the state government has contacted HFA for an

 Assignment 4.2. Considering Program Expansion with Marginal Analysis After a successful

Assignment 4.2. Considering Program Expansion with Marginal Analysis After a successful start of the job training program, the state government has contacted HFA for an additional 10 new trainee spots, which would expand the current career training program to a total of 60 trainees. The state is willing to pay $3,000 each for the 10 extra spots, which is lower than current average cost, keep. ing the reimbursement rate for the 50 existing seats unchanged. The facility has the capacity for 100 students and the number of existing teachers can handle an additional 10 students. If only financial viewpoints are considered, should the HFA accept this offer from the state

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!