Question
Captain America Jr. decided its time to retire from being a superhero. His dream of opening up a business selling shields came true last year.
Captain America Jr. decided its time to retire from being a superhero. His dream of opening up a business selling shields came true last year. Initially the shields were made from a durable metal but switched to lightweight plastic since primary school kids complained it was too heavy to lug around. In calculating the cost to run his store and cover expenses, he needs to sell on average 100 shields monthly to break even. In the first year, the store sold 1,200 shields. Which of the following iscorrect regarding profit in this scenario?
Business lost money | ||
Business made money | ||
At break even point | ||
Shields should not be plastic | ||
Should've remained a superhero |
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