Question: Keep two decimals for all answers if needed. Assume a firms fixed cost is $568, its product has a variable cost of $13, and a
Keep two decimals for all answers if needed.
Assume a firms fixed cost is $568, its product has a variable cost of $13, and a selling price of $66.
A) What is the break-even point?
B) How many units must be sold to make a total profit of $500?
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