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

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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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Smith and Roberson Business Law

Smith and Roberson Business Law

ISBN: 978-0538473637

15th Edition

Authors: Richard A. Mann, Barry S. Roberts

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Question Details
Chapter # 41
Section: Cases
Problem: 2
Posted Date: September 30, 2023 06:25:25
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