If you just found out that only 1000 students will be patronizing your bookbinding services that amounted to $ 4000 in terms of non-variable cost to set up and runs with a variable cost of $ 6 per bound book.

What should be the minimum price per bound book for you to still break even at the 1000 customers given the cost elements?

Answer rating: 100% (QA)

To calculate the minimum price per bound book to break even we n... View the full answer