Assignment w [Compatibility Mode] ngs Review View E. AaBbCcDdEe AabCedee AaBbCcD Normal No Spacing Heading 1 Read the following scenario to answer questions 1-3: Assume that you decided to startup new business online so you are planning to create website to sell CUPS that are made by high quality material and with special design (design your own cup like you print name or photo on it). The total fixed costs of $2000 for launching the website. The cost of making and delivering any piece is $10. You want to sell each piece for $15. 1. Complete the following table to answer questions A &B (2 marks) Item 10 Selling Cost: 15 price: # of sold Fixed Variable Items Cost: Total Cost Revenue Cost Profit 0 $2000 50 $2000 100 $2000 250 $2000 400 $2000 500 $2000 600 $2000 a. How many items they need to sell online in order to reach to break-even point? (1 marks) b. How many items do they have to sell in order to realize a net profit of $1000? (1 marks) 2. Which competitive advantage strategy would you choose as your primary business strategy? Justify your answer (3 marks) 3. Explain How Huda and Fatima can utilize technology to reduce the fixed costs (3 marks) Instructions: This assignment has 10 marks weight You must submit your answers by end of the class