Question: 2 . A tea shop owner is contemplating the addition of a new tea blend to meet the current demand from customers. The main blend

2. A tea shop owner is contemplating the addition of a new tea blend to meet the current demand from customers. The main blend under consideration will have fixed monthly costs of $7,500 and variable costs of $0.60 per bag produced. Each tea bag is sold to customers at an average price of $1.10.(5 points =5x1)(Essentially required: Your answer should comprise 3 steps: 1) Show data, 2) Formula, and 3) answer highlighted in yellow. No point is awarded if this is missing)

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