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ou are thinking of opening a small copy shop. It costs $5,000 to rent a copier for a year and it costs $0.03 per copy

ou are thinking of opening a small copy shop. It costs $5,000 to rent a copier for a year and it costs $0.03 per copy (including paper) to operate the copier. Other fixed costs of running the store will amount to $400 per month. You plan to charge an average of $0.10 per copy, and the store will be open 365 days per year. Each copier can make up to 100,000 copies per year.

For one to five copiers rented and daily demands of 500, 1,000, 1,500, and 2,000 copies per day, find annual profit. That is, find annual profit for each of these combinations of copiers rented and daily demand. ( please ou will need to copy and paste from the Excel spreadsheets)

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