businessman. owns a florist shop. He buys each bunch of flowers for R O1.5 and special wrapping paper for R,03 per toll. Each roll of wrapping paper will wrap 350 bunches of flowers Rent of his premises is R.O 800 per month and he pays monthly insurance of R.0 250. -He sells each bunch of Rowers for R.O 2.50, Calculate his break Even Point and also how much Profit would he make if he has sold 2,50¢ bunch of flowers?

Microeconomic Theory
12th Edition
ISBN:9781337517942
Author:NICHOLSON
Publisher:NICHOLSON
Chapter17: Capital And Time
Section: Chapter Questions
Problem 17.6P
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businessman. owns a florist shop. He buys each bunch of flowers for R O1.5 and special wrapping paper for R,03 per toll. Each roll of wrapping paper will wrap 350 bunches of flowers Rent of his premises is R.O 800 per month and he pays monthly insurance of R.0 250. -He sells each bunch of Rowers for R.O 2.50, Calculate his break Even Point and also how much Profit would he make if he has sold 2,50¢ bunch of flowers?
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