Question: As part of their application for a loan to buy Sunnyside Farm, a property they hope to develop as a bed-and-breakfast operation, the prospective owners have projected: Daily fixed cost (loan payment, taxes, insurance, maintenance) are $200/night.

Variable cost per occupied room per night $ 25

Revenue per occupied room per night $70

For 5 points each, answer the following questions:

1. Write the expression for total cost.
2. Write the expression for total revenue per day.
3. If there are 12 guest rooms available, can they break even? What percentage of rooms would need to be occupied, on average, to break even?
   
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