Question: Consider a break-even model in which the variable cost is $11.59, the price is $18.99, and the fixed cost is uniformly distributed between $2,850 and
Consider a break-even model in which the variable cost is $11.59, the price is $18.99, and the fixed cost is uniformly distributed between $2,850 and $3,450.
Rounded to the nearest dollar, what is the expected total revenue at the break-even volume?
$7,912
$7,995
$8,084
$8,853
$7,312
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