Question: This is a two part question. Landon has a small business selling coffee at bowling matches. He purchases all of the materials to make each
This is a two part question. Landon has a small business selling coffee at bowling matches. He purchases all of the materials to make each coffee for $2.80 and has fixed costs at each match of $20. Landon sells each coffee to customers for $4.80. At most he can produce 40 coffee at a match. (1) Draw a complete break-even chart of Landon's coffee business. Your picture should have a dot on the break-even point and lines for total revenue, total cost, and fixed cost.
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(2) The loss region is the region Select an answer greater than less than the break-even point.
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