A company produces CD players for a unit cost of $15 per CD player. The company has
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Question:
A company produces CD players for a unit cost of $15 per CD player. The company has fixed costs of $120. If each CD player can be sold for $30, how many CD players must be sold to break even? Determine the cost equation first. Next, determine the revenue equation. Use the two equations you have found to determine the break-even point.
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