Company C makes a liquid chemical cleaner which sells at $10 a bottle. Variable costs are $6 a bottle. The business is working at full capacity. What is the minimum price at which this product could be sold without making a loss for an order of 10,000 bottles. To fulfil this additional order, the company would incur additional fixed costs of $45,000 and variable costs of $60,000.

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To determine the minimum price at which the product can be sold without making a loss we need to cal... View the full answer