Question: Assume the average purchase is $ 8 per customer, and your only expenses are fixed costs of $ 4 per hour and the wages of

Assume the average purchase is $8 per customer, and your only expenses are fixed costs of $4 per hour and the wages of one employee at $15 per hour. How many customers do you need to break even (i.e. net profit of =0 for that single 4 hour period)? Now estimate the probability of breaking even or losing money (i.e. net profit of <=0 for that single 4 hour period). Show your calculations/reasoning. Remember that you lose money with <= your break-even number of customers

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