Betty Gilmore plans to sell berry pies at a local farmer's market. The permit and space rental will cost her $2,000 for the June through August season
The pies will sell for $7.00. Ingredients and overhead average $4.00 per pie. She also has to pay five percent of her gross sales to the market's organizers. How many pies will she need to sell to cover her fixed costs?
A) 755 pies with a very small profit on the last pie.
B) 667 pies with a very small profit on the last pie.
C) 301 pies
D) She can never break even.
Answer: A
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