SOLUTION: The state government has contacted HFA for an additional ten new trainee spots, which would expand the current career training program to a total of sixty trainees. The average cos

Algebra ->  Finance -> SOLUTION: The state government has contacted HFA for an additional ten new trainee spots, which would expand the current career training program to a total of sixty trainees. The average cos      Log On


   



Question 1205843: The state government has contacted HFA for an additional ten new trainee spots, which would expand the current career training program to a total of sixty trainees. The average cost of the program is approximately $6,000 per trainee at the current level of service; however, the state is willing to pay $3,000 each for the ten extra spots, keeping the reimbursement rate for the fifty existing seats unchanged. The facility has the capacity for one hundred students and the number of existing teachers can handle sixty students. Should the HFA accept this offer from the state?
Answer by ikleyn(52887) About Me  (Show Source):
You can put this solution on YOUR website!
.

Will they accept it or not - - - depends on a criterion of acceptance, which is not defined in the post.

So, the problem is suspended by a thread, and its meaning is UNCLEAR.