Question: 1.Using the linear model for costs and profit when selling bottles of ginger beer, if: fixed costs are $500, variable costs are $3/bottle, and you

1.Using the linear model for costs and profit when selling bottles of ginger beer, if:

fixed costs are $500, variable costs are $3/bottle, and you can sell each bottle for $15...

What is your profit if you sell zero bottles?

2.Using the linear model for costs and profit when selling bottles of ginger beer, if:

fixed costs are $500, variable costs are $3/bottle, and you can sell each bottle for $15...

Approximately what is the breakeven output level?

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