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  Answer:

  Using the given values, the material cost for 5000m2 in 2021

  is calculated. Using the learning curve, the number of labor hours required are calculated. Using the number of labor hours, the labor cost is calculated. The sum of labor cost and the material cost will be become the variable cost for each building. The fixed cost is given in the problem. The variation of the selling price with demand is also given. The range of profitable demand can be obtained from this variation.

  Using the data given, the profit is maximized w.r.t demand and the demand for the maximum profit is calculated.

  Using this calculated demand, the break even selling price is calculated.

  Using the same demand, firstly, the selling price is calculated using the relation given in the problem. Once the selling price is known, the profit is then calculated.

  

  

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