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You are thinking of opening a Coffee shop. It costs $ 6 , 0 0 0 to rent a Coffee Maker for a year. It
You are thinking of opening a Coffee shop. It costs $ to rent a Coffee Maker for a year. It costs $ per cup of coffee to operate the coffee maker. Other fixed costs of running the store amount to $ per month $ per year You charge an average of $ per coffee. You are open days per year. Each coffee maker can make up to coffees per year.
Using Excel, construct a twoway profit table number of coffee makers on the left running top to bottom and daily demand on the top running from left to right for to coffee makers rented and daily demands of and coffees per day. Calculate annual profit for each of these combinations of Coffee makers rented and daily demand.
If you rent three coffee makers, what daily demand for coffees will allow you to break even? Draw a breakeven graph to show this breakeven relationship
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