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This post calculates the amount needed to make a profit.

Laurie Kahala just received an opportunity to lease and install a self-photo booth at a local mall. The booth would allow people to sit down, swipe their credit cards and take a set of ten high quality photos in one sitting.
The combined lease (some payable to the mall, and the rest to company that owns the photo booth) would be $2,800 per month. Laurie's research shows that the variable cost to produce each set of ten photos (paper, ink, and electricity costs) would be $3.00.

If Laurie is contemplating selling the photos for $5.00 per set how many sets would be the minimum number she will need to sell in a month to make a profit?
Answer
A. 2,800 sets
B. 1,399 sets
C. 1,400 sets
D. 1.401 sets

Solution Preview

Expenses = 2,800 per month
Costs = 3.00 per set

$5 per ...

Solution Summary

This solution provides the correct answer with explanation to the following question:

Laurie Kahala just received an opportunity to lease and install a self-photo booth at a local mall. The booth would allow people to sit down, swipe their credit cards and take a set of ten high quality photos in one sitting.
The combined lease (some payable to the mall, and the rest to company that owns the photo booth) would be $2,800 per month. Laurie's research shows that the variable cost to produce each set of ten photos (paper, ink, and electricity costs) would be $3.00.

If Laurie is contemplating selling the photos for $5.00 per set how many sets would be the minimum number she will need to sell in a month to make a profit?
Answer
A. 2,800 sets
B. 1,399 sets
C. 1,400 sets
D. 1.401 sets

$2.19