Question: 4 . Precious Bar is a small town tavern that sells only bottled beer. The average price of a bottle of beer is $ 4
Precious Bar is a small town tavern that sells only bottled beer. The average price of a bottle of beer is $ and the average cost of a bottle of beer is $ Precious bar is open at night. One bartender and servers work each night. The fixed costs salaries rent, tax and utilities etc. total $ per year.
a Precious wants to know how many bottles of beer his bar must sell during the year to start making a profit? marks
b What is the revenue at the breakeven quantity found in part A mark
cPrecious want to make $ a year as an annual profit. How many bottles of beer should his bar need to sell to make a $ profit? marks
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