Question: Time - For - Us has set up a booth in a shopping mall to sell calendars during the holiday season. The business can purchase
TimeForUs has set up a booth in a shopping mall to sell calendars during the holiday season. The business can purchase the calendars for
$
each. It plans to set the unit price at
$
During the time it is in business, it must rent equipment for
$
per day, and pay wages of
$
per day. Answer each of the following independent questions.
aHow many calendars must the business sell each day to break even?
bIf it decreases the wages to $ per day, how many must it sell each day to break even?
cIf the business puts the calendars on sale at off, what would be the profit if it sold units in a day?
dOn the last day the business plans to be in the mall, calendars will likely remain on hand. If the wages for the day are $ what is the lowest price it can charge for each calendar and still break even for that day?
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