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QUESTION
Jessica owns a coffee shop in downtown Toledo, Ohio. She offers a flat rate on all coffee of $3 per cup. Jessica is doing some forecasting and has...
Jessica owns a coffee shop in downtown Toledo, Ohio. She offers a flat rate on all coffee of $3 per cup. Jessica is doing some forecasting and has set a goal to earn $450,000 in revenue this year.
- How many coffees does Jessica need to sell to break even? Explain how you got this number.
- At this breakeven point, what is Jessica's profit?
