1.) George's T-Shirt Shop produces 10,000 custom-printed T-shirts per month. George's fixed costs are $30,000 per month. The marginal cost per T-shirt is a constant $3.

What is George's break-even price per shirt?

If George sells 50% more T-shirts per month.

At this quantity of shirts, what is George's break-even price is

per shirt?

2.)Suppose an initial investment of $70 will return $25/year for three years (assume the $25 is received each year at the end of the year).

At a discount rate of 15%, this investment is or is notprofitable.