Q. Assume a fixed price of $900, a variable price of $4.50 also a selling price of $5.50.
a. Illustrate what is the break-even point?
b. Explain how many units must be sold to make a profit of $500.00?
c. Explain how many units must be sold to average $0.25 profit per unit? $0.50 profit per unit? $1.50 profit per unit?