Question: Please use excel and show the formulas You are thinking of opening a small copy shop. It costs $5000 to rent a copier for a

Please use excel and show the formulas

You are thinking of opening a small copy shop. It costs $5000 to rent a copier for a year, and it costs $0.03 per copy to operate the copier. Other fixed costs of running the store will amount to $4800 per year. You plan to charge a price of $0.10 per copy, and the store will be open 365 days per year. Each copier has a maximum capacity of 100,000 copies per year. Based on your demand forecast, you estimate that you will be able to sell an average of 1,500 copies per day. You have rented 3 copiers.

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