Buffalo bobrsquos wild wings is a restaurant that sells

1. Buffalo Bob’s Wild Wings is a restaurant that sells only chicken wings. The restaurant has fixed costs per year of \$200,000 and each wing (regardless of dressing) sells for \$0.50 and costs \$0.25 per. The profit/loss of the firm at 600,000 wings sold will be:

a) -\$50,000 b) -\$25,000 c) \$0 d) \$25,000 e) \$50,000

2. Buffalo Bob’s Wild Wings is a restaurant that sells only chicken wings. The restaurant has fixed costs per year of \$200,000 and each wing (regardless of dressing) sells for \$0.50 and costs \$0.25 per. The profit/loss of the firm at 1,000,000 wings sold will be:

a)-\$50,000 b)-\$25,000 c) \$0 d) \$25,000 e) \$50,000

3. Buffalo Bob’s Wild Wings is a restaurant that sells only chicken wings. The restaurant has fixed costs per year of \$200,000 and each wing (regardless of dressing) sells for \$0.50 and costs \$0.25 per. The profit/loss of the firm at 800,000 wings sold will be

a) -\$50,000 b) -\$25,000 c) \$0 d) \$25,000 e) \$50,000

4. The break-even point for Buffalo Bob's Wild Wings is:

a) -\$50,000 b) -\$25,000 c) \$0 d) \$25,000 e) \$50,000