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George's T-Shirt Shop produces 10,000 custom-printed T-shirts per month. George's fixed costs are $30,000 per month. The marginal cost per T-shirt is a constant
George's T-Shirt Shop produces 10,000 custom-printed T-shirts per month. George's fixed costs are $30,000 per month. The marginal cost per T-shirt is a constant $3. George's break-even price is $ per shirt. Suppose George sells 50% more T-shirts per month. At this quantity of shirts, George's break-even price is $ per shirt.
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To calculate Georges breakeven price per shirt we need to consider his fixed costs marginal cost per ...
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Managerial Economics A Problem Solving Approach
Authors: Luke M. Froeb, Brian T. McCann, Michael R. Ward, Mike Shor
4th edition
1305259335, 978-1305259331
