Question

A local company employs a varying number of employees each year, based on its needs. The labor costs for the company include a fixed cost of $47,312.00 each year, and $28,431.00 for each person employed for the year. For the next year, the company projects that labor costs will total $2,492,378.00. How many people does the company intend to employ next year?

Answer 1

2492378/28431=87.6 but because they can’t afford another person we cant round up so they can only employ 87 people so the answer is 87