George Webb Restaurant Collects on the Average $5 Per Customer

Multiple Choice

George Webb Restaurant collects on the average $5 per customer at its breakfast & lunch diner.Its variable cost per customer averages $3,and its annual fixed cost is $40,000.If George Webb wants to make a profit of $20,000 per year at the diner,it will have to serve__________ customers per year.

A) 10,000 customers
B) 20,000 customers
C) 30,000 customers
D) 40,000 customers
E) 50,000 customers