Question: John and Tim are competitors and they both started their shops at the same time. They both sell kitchen utensils. John's fixed costs are

John and Tim are competitors and they both started their shops at the same time. They both sell kitchen

John and Tim are competitors and they both started their shops at the same time. They both sell kitchen utensils. John's fixed costs are $45000 while that of Tim are $56000. Their contribution margins per unit are $10 and $14 respectively. Which one of them breaks-even earlier in terms of the units sold? O Tim, as he sells 500 more units O Tim, as he sells 500 less units O John, as he sells 500 less units O They both break even at the same time O John, as he sells 500 more units.

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