Pedro sells port wine for $ 3 2 per bottle. His fixed costs are $ 1 ,
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Question:
Pedro sells port wine for $ per bottle. His fixed costs are $ Variable costs are $ per bottle.
Lori approaches Pedro about creating a special wine for her daughter's upcoming wedding. Lori will buy bottles of Pedro's wine, but the order will have fixed costs for special labeling and delivery of $ Pedro wants to go into the negotiations with Lori knowing the minimum price he can charge per bottle and not lose money on the order. What is that minimum price?
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