Problem 1 Your family recently began operating a car wash at a beach resort. There are many other car washes at this beach resort. You have observed that the customers care only about finding the cheaped price for car washes; they do not cure which company they use. Your family purchased the equipment and the building for the car wash. To cover the rest of this expense, they took out a small business loan. The cost of the loan comes to $15 per day for the next 10 years. The business must hire labor and purchase cleaning solutions, car wax, clc. to operate the car wash. After some research you have figured out that the cost for labor and supplies is as follows: Quantity (Q) Variable Cost $0.00 $10.67 $12.67 $16.00 $20.67 SOXWALAWN- S $26.67 $34.00 $42.67 $52.67 $64.00 $76.67 11 $90.67 12 $106,00 13 $122.67 14 $140.67 15 $160.00 16 $180.67 17 $202.67 18 $226.00 19 $250.67 20 $276.67 When the beach resort is in season, you have observed that you can charge a price of $14.50 per car wash. When the resort is off-season, the demand for car washes is much lower. You are only able to charge a price $4.67 per car wash