Question: A firm uses simple linear regression to forecast the costs for its main product line. If fixed costs are equal to $235,000 and variable costs

A firm uses simple linear regression to forecast the costs for its main product line. If fixed costs are equal to $235,000 and variable costs are $10 per unit, how many units does it need to sell at $15 per unit to make a $300,000 profit?

a. 21,400

b. 47,000

c. 60,000

d. 107,000

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