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9) Olivia sells fantastic cookies. Her shop Olivias Fantastic Cookies has fixed costs of $4,500 per month. Because her cookies are fantastic, they are made
9) Olivia sells fantastic cookies. Her shop Olivias Fantastic Cookies has fixed costs of $4,500 per month. Because her cookies are fantastic, they are made with extreme quality and care, having a per-unit cost of $2.50. If Olivia can sell at least 1,200 cookies per month, at what selling price per cookie will she breakeven?
a) $2.50
b) $3.75
c) $4.75
d) $6.25
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