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Mr Saad is planning to print kids books and selling them at public schools. The There is a fixed cost of $400 for printing the books, the variable cost is $3. There is also $1000 fee that need to be paid to the government to allow him to sell the books in the public schools to be paid in advance. The selling price is $5 each.
Question 1: What is the break even point?
Question 2: If Mr Saad expected to sell only 500 units, What would the price has to be to break even at this quantity?
Question 3: If he was able to sell 600 books will he make a profit or loss? Explain you
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