Question: Keep two decimals for all answers if needed. Assume a firms fixed cost is $1003, its product has a variable cost of $42, and a

Keep two decimals for all answers if needed.

Assume a firms fixed cost is $1003, its product has a variable cost of $42, and a selling price of $87.

What is the break-even point?

How many units must be sold to make a total profit of $400?

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