Question: Phi Upsilon Nu, a student social organization, has two different locations under consideration for constructing a new chapter house. PhUN's president, a POM student, estimates

Phi Upsilon Nu, a student social organization, has two different locations under consideration for constructing a new chapter house. PhUN's president, a POM student, estimates that due to differing land costs, utility rates, etc., both fixed and variable costs would be different for each of the proposed sites, as follows:

ANNUAL OPERATING COSTS
LOCATION FIXED VARIABLE
Alpha Avenue $10,000 $300 per person
Beta Blvd. $16,000 $200 per person

How many people would be living in the new chapter house at the point of indifference?

TC=FC+VQ

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